Just answer the questions with the correct answer.

Question 1. Economists believe that politicians act in their own self interest. We call them _______ because they do that.

Group of answer choices

1. rational actors

2. principal agents

3. reasonable actors

4. maximizing agents

Question 2. Economists believe that government bureaucrats do not respond to incentives, unlike private sector employees who do.

Group of answer choices

True or False.

Question 3. Rational Ignorance theory says that, because our individual vote does not matter, voters generally don't benefit by spending the time to inform themselves fully about candidates for office.

Group of answer choices

True or False

Question 4. Economists believe that politicians' primary concern is maximizing

Group of answer choices

1. the chance of getting elected or reelected

2. the influence they exert after taking office

3. their perceived party loyalty

4. their personal gains from office

Question 5. Rational Ignorance tells us that politicians look for issues that benefit _______, whose costs are ________

Group of answer choices

1. many, shared among few

2. many, shared among many others who don't benefit

3. few, shared among many

4. few, shared among few (but a different few)

Question 6. Because of Rational Ignorance, single issue voters are _____.

Group of answer choices

1. less likely

2. more likely

3. not supposed to exist

4. all of the above

Question 7. To protect us from tyranny and/or the domination of the few, the Founding Fathers:

Group of answer choices

1. a large Congress and a strong president

2. a small Congress and a strong president

3. a small Congress and a weak president

4. created a large Congress, and a weak president