Module 4

Question 1

Rational ignorance tells us that politicians look for issues that benefit __________, whose costs are ____________.

Answer 1

Few

Shared among many

Question 2

Because if rational ignorance, single issue voters are __________

Answer 2

More likely

Question 3

When politicians trade votes (you vote for my bill and I’ll vote for yours), it is called

Answer 3

Log rolling

Question 4

In public choice theory voters, politicians, and bureaucrats are “rational actors” who

Answer 4

1. Act in their own self-interest
2. Respond to incentives
3. Try to maximize something