Disclosing information in more usable ways to decision-makers:
A. can nudge people toward making better decisions.
B. effectively eliminates certain choices from a person's options.
C. will never affect a person's decision.
D. increases instances of rational ignorance.
A. can nudge people toward making better decisions.
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If the price of a 32GB memory card decreases from $25 to $20, the percentage change is
A) -20 percent. B) -33 percent. C) -50 percent. D) -60 percent.
What is the difference between adaptive expectations and rational expectations?
What will be an ideal response?
As a result of an increase in the money supply, the aggregate demand will shift to the left.
a. true b. false
If foreign producers can supply an infinite amount of tradable goods at the world price, this would imply that the world supply curve is:
A. horizontal. B. upward-sloping. C. downward-sloping. D. vertical.