A choice architect is someone who:
A. designs areas that have a lot of choices in determining how the space is used.
B. determines how people should make decisions inside of a specific environment.
C. is in a position to shape the decision-making environment.
D. determines which choices are available to builders in a specific area.
Answer: C
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The earned income tax credit (or EITC):
A. reduces the sales tax paid by low-income workers. B. provides tax credits to firms who hire low-income workers. C. gives low-income workers credits on their federal income taxes. D. reduces the tax rate on investment income.
Each year, the United States exports about 50 percent of its wheat crop
Indicate whether the statement is true or false
Refer to the graph shown. The welfare loss of monopoly is:
A. 2,112.5. B. 1,137.5. C. 2,762.5. D. 1,381.25.
A barter economy is an economy where
A) goods and services are exchanged for money. B) money is exchanged for goods and services. C) goods and services are exchanged for other goods and services. D) goods and services are exchanged for liabilities.