20. Ifa special interest group represents 10% of society and gets a public polic
ID: 1105794 • Letter: 2
Question
20. Ifa special interest group represents 10% of society and gets a public policy passed that costs society SI million and benefits that special interest group S1 million, the net payoff for the special interest group will be: (1 pt.) 21. Why do people tend to be rationally ignorant about presidential candidates? (1 pt.) 22. Which of the following conditions have economists found to lead to better food relief in India? (1 pt. CHOOSE 1) A) Increased democracy, better government institutions, more "connectedness" between citizens due to the rise of the internet, and newspaper ciruclation B) A larger gap in wealth between the rich and the poor C) More educated leaders D) The United Nations taking a strong stance on food relief for developing nations.Explanation / Answer
(A) Cost to special interest group
= 1000000*10% = 100000
= 1000000- 100000
=900000.
(B) people avoid the due to length time period, complicated election procedure, candidates understanding in terms of their policies they would introduce in future. , it seems to be more costlier from people point of so this could be the reason they ignore .
C) (C)
reason More educated leader leads to fall in the corruption situation and make the economy flows smoothly and no gulf between rich and poor lead to more food availability as there would not be black marketing, proper distribution of income and wealth so it is necessary to correct it.
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