As Information and the Time Required to Acquire and Digest

question 61

Multiple Choice

As information and the time required to acquire and digest it are scarce,_____

• A)consumers concentrate on private choices rather than on public choices.
• B)consumers concentrate on public choices rather than on private choices.
• C)it is irrational for consumers to remain ignorant of the costs and benefits of government proposals.
• D)voters elect representatives, who always make public choices that reflect constituents' views.
• E)voters have a special economic interest in making informed decisions about public choices.

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Definitions:

Citizenship

The status of being a legally recognized subject or national of a state, with associated rights and duties.

Watts Riots

A series of violent confrontations between the police and residents of the Watts neighborhood of Los Angeles in August 1965, highlighting racial tensions and economic disparities.

Los Angeles

A major city in California, United States, known for its entertainment industry, diverse culture, and as a leading hub of commerce and technology.

American Indian Movement

An advocacy group founded in 1968, focusing on Native American rights, sovereignty, and issues of injustice.