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Suppose you are a college student graduate with a student loan. The Republican gubernatorial candidate has made the following campaign pledge: If I am elected
Suppose you are a college student graduate with a student loan. The Republican gubernatorial candidate has made the following campaign pledge: "If I am elected President, I will make relief to college graduates my top priority. To show you that I mean business, I will support a bill that erases $30,000 of loan debt for graduates with student loans" In response, the Democratic Candidate proposes the following: "My fellow citizens, I will not be out done by my counterpart. I propose to erase $80,000 of student loan debt." Assume for simplicity that cancellation of student debt bill will be passed into law immediately after the elections and graduates will receive the benefit soon thereafter. Also assume that you see no difference between Republican and the Democrat except for their debt cancelation proposals. Finally, assume that you are a hard working student with a part-time job that pays $20/hr. You expect 50 million registered voters to vote. a) (2pts) Assuming that in order to vote you will be forced to miss hour of work, is it rational to vote
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