The Concept of Rational Ignorance Is Defined as

question 132

Multiple Choice

The concept of rational ignorance is defined as

• A) the decision not to acquire knowledge because of high marginal cost.
• B) the deceit by bureaucrats who fool politicians in order to maximize their budgets.
• C) politicians not telling the voters the real truth to stay in office.
• D) voters being kept from knowing the facts by bureaucrats.
• E) bureaucrats not knowing the size of their budget.

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Definitions:

Selective Memory

The tendency to remember only certain details of an event or situation, often those that align with one's beliefs or attitudes.

Selective Attention

The cognitive process of focusing on certain stimuli in the environment while ignoring others.

Albert Bandura

A renowned psychologist who proposed the social learning theory, emphasizing the role of observation and imitation in learning.

Aggressive Behavior

Actions or conducts that are hostile, harmful, or violent towards others, stemming from various psychological, environmental, or biological factors.