Exam 32: Public Choice and Special-Interest-Group Politics

Rational ignorance exists primarily because

Special interest groups are subsets of the general population that

According to the median voter model,a candidate (in a two-person race)is more likely to label himself or herself a "middle-of-the-roader" than a conservative or liberal because

Exhibit 32-4 -Refer to Exhibit 32-4. Suppose that producers of this good engage in rent seeking which results in the government imposing a price floor of P?. The gain in producers' surplus that occurs due to the price floor is

Situation 32-l -Refer to Situation 32-l.At the time the total yearly salary (including all the benefits)of the average auto worker was no more than $50,000 per year,and the cost per job saved was estimated at $160,000 per worker per year.We can conclude that

It has often been remarked that Democratic candidates are more liberal in the Democratic primaries and Republican candidates are more conservative in the Republican primaries than either is in the general election.The explanation for this is most probably that

There is evidence that __________ were the main lobbyists behind passage of the Factory Acts which put restrictions on women and children working in early 19th century England.

Low voter turnouts that appear to be a result of voter apathy may instead be a result of

It has been suggested by some economists that rent seeking activity often occurs within families,particularly when an inheritance is involved.

Why would a candidate for political office speak in general instead of specific terms?

In a political election,a candidate whose positions are on the left will tend to be labeled __________ by his or her opponent.

According to public choice theorists,people behave differently in the market sector than in the public sector because

Which of the following statements is a public choice economist most likely to agree with?

Public choice is concerned with decision making by

One implication of the median voter model is that a candidate is likely to label himself __________ and his or her opponent as __________.

"My opponent in this election says she wants a balanced federal budget,but won't say how it would be achieved." This candidate is trying to

Rational ignorance exists because voters are apathetic.

Political candidates tend to identify themselves as being "middle-of-the-roaders",while they tend to label their opponents as a member of the political fringe.

When it comes to voting in a presidential election,we would expect,ceteris paribus,

Exhibit 32-4 -Refer to Exhibit 32-4. If producers of this good engage in rent seeking which results in the government imposing a price floor of P?,then consumers' surplus ends up being area