When people make a decision to not participate in a program unless they actively enroll for it, program participation is:
A. likely to be higher than if people were automatically enrolled and had to actively opt-out of participating.
B. likely to be lower than if people were automatically enrolled and had to actively opt-out of participating.
C. likely to be the same as if people were automatically enrolled and had to actively opt-out of participating.
D. exclusive, which always makes it more attractive to people.
B. likely to be lower than if people were automatically enrolled and had to actively opt-out of participating.
You might also like to view...
Refer to the figure below. 
The dominant strategy for Row Resorts is to ________, and the dominant strategy for Column Cruises is to ________.
A. offer reduced rates; offer reduced rates B. offer reduced rates; keep rates high C. keep rates high; offer reduced rates D. keep rates high; keep rates high
Refer to Scenario 12.1. What will be the price in the long run if the industry is a Cournot duopoly?
A) $400 B) $600 C) $800 D) $900 E) Competition will drive the price to zero.
The multiplier can be expressed as the ratio of the change in Y over the change in I
a. True b. False Indicate whether the statement is true or false
Most economists view the United States' experience with trade as
a. one from which no firm conclusions about the virtues of free trade can be reached, due to the relatively short history of international trade in the U.S. b. one from which no firm conclusions about the virtues of free trade can be reached, due to the lack of trade within the U.S. throughout most of the early history of the U.S. c. an ongoing experiment that confirms the virtues of free trade. d. an ongoing experiment that calls into serious question the notion that free trade enhances the economic well-being of a nation.