A mistake is a choice that:
A. the choice architect creates that has unintended consequences.
B. the chooser later regrets.
C. society as a whole, but not necessarily the chooser, is left worse-off once it's made.
D. policymakers think choosers should not make.
Answer: B
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Refer to Figure 2-18. Which two arrows in the diagram depict the following transaction: Barney earns $250 for selling scissors and razors to Floyd's Barber Shop
A) J and M B) K and G C) K and M D) J and G
Unlike banks, ________ have been allowed to branch statewide since 1980
A) federally-chartered S&Ls B) state-chartered S&Ls C) financially troubled S&Ls D) technically insolvent S&Ls
When the Fed buys government securities, ________ and the money supply ________
A) e rises, falls B) e falls, rises C) c rises, falls D) c falls, rises E) H rises, rises
The direction of colonial trade produced great trade deficits with England, especially in the New England Colonies. Consequently, growth and development were stifled in colonial America
Indicate whether the statement is true or false