What Is Meant by the Term "Rational Ignorance

question 153

Multiple Choice

What is meant by the term "rational ignorance"?

• A)It refers to the absence of a negative incentive, for example, a fine for not voting, which results in a low voter turnout.
• B)It refers to a situation where one policymaker deliberately approves a bill he does not support in exchange for a future favorable vote for his own cause.
• C)It means the lack an economic incentive for voters to become informed about a pending legislation.
• D)It refers to the fact that policymakers and their constituents have different ideas of what it means to behave rationally and each party deliberately ignores the other's view.

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Definitions:

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The act of bringing a legal action against an individual or entity in a court of law.

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Structured education that takes place in an institutional setting like schools or colleges, following a set curriculum leading to recognized qualifications.

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A business strategy that involves offering several products or services together as a combined package.