tional voter ignorance of the following statements regarding rational ignorance are true? Check all that apply. Rational voter ignorance occurs when a voter chooses a candidate who supports policies that are not in the best economic intere voter. Because candidates take stands on a wide range of issues, a rationally ignorant voter may choose not to fully assess the costs ar benefits of voting for a particular candidate. A rationally ignorant voter may choose a political candidate based simply on party affiliation or public appearances rather than th candidate's positions on a wide range of issues.

tional voter ignorance of the following statements regarding rational ignorance are true? Check all that apply. Rational voter ignorance occurs when a voter chooses a candidate who supports policies that are not in the best economic intere voter. Because candidates take stands on a wide range of issues, a rationally ignorant voter may choose not to fully assess the costs ar benefits of voting for a particular candidate. A rationally ignorant voter may choose a political candidate based simply on party affiliation or public appearances rather than th candidate's positions on a wide range of issues.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Discuss thoroughly two of the principles often used inevaluating tax policy: ability to pay (includehorizontal and vertical equity), and the benefits principle. Canthese principles typically be satisfied simultaneously? Why or why not? Provide an example of a tax policy orinstrument which primarily emphasizes the “ability-to-pay”principle and also an example which primarily emphasizes the“benefits” principle.
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Government action is based on majority rule, whereas mar- Ket action is based on mutual consent. The market allows for proportional representation of minontes. but minorities must yield to the views ol the majonty when acuviles are undertaken through government." In your own words, explain the meanine of this statement. Is the statement true? Why or why not
In a congressional district somewhere in the U.S., a new representative is being elected. The voters all have one-dimensional political views that can be neatly arrayed on a left-right spectrum. We can define the ”location” of a citizen’s political views in the following way. The citizen with the most extreme left-wing views is said to be at point 0 and the citizen with the most extreme right-wing views is said to be at point 1. If a citizen has views that are to the right of the views of the fraction x of the state’s population, that citizen’s views are said to be located at point x. There are two candidates for the congressional seat and they are forced to publicly state their own political position simultaneously on the zero-one left-right scale. 1.a Suppose voters always vote for the candidate whose stated position is nearest to their own views and suppose each candidate cares only about getting as many votes as possible. In equilibrium, what will be the two candidates’ positions?…
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1. Describe the terms the plurality and the majority with an example. 2. Which method could violate the Majority Criterion and which methods always satisfy the monotonicity criterion?