If the RECAP policy was imposed on firms by the government, it would be considered a(n):
A. purposeful behavior.
B. advantageous default option nudge.
C. shadow price.
D. push.
Answer: D
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Assuming all excess reserves are loaned out, currency holdings by the public are zero, and a reserve ratio of 20 percent, an initial deposit of $850 will lead to total deposits of
A) $425. B) $850. C) $4,250. D) $42,500.
Refer to the scenario above. Which of the following shifts will increase the total cost?
A) Shift from apartment Close to Far B) Shift from apartment Far to Very Far C) Shift from apartment Very Close to Close D) Shift from apartment Very Far to Extremely Far
In the model of an oligopoly with identical (homogeneous) products, what is the price likely to be?
What will be an ideal response?
If we can conclude that human life has a finite value, cost-benefit analysis can lead to solutions in which human life is worth less than the cost of a potential project
a. True b. False Indicate whether the statement is true or false