_____ is a behavioral process in which a decision maker stays with a decision even when it appears to be wrong.
A. Bounded optimization
B. Escalation of commitment
C. Risk propensity
D. Strategic maximization
E. Intuitive rationality
Answer: B
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Which question is permissible to ask in job applications and interviews?
A. Are you a citizen of the United States? B. Where were you born? C. How would you feel about working for someone younger than you? D. What religious holidays do you observe? E. Will you need any reasonable accommodation for this hiring process?
One of the reasons that led to the inconsistency of the large structural macroeconomic models was
A. that endogenous variables such as foreign output were treated as exogenous. B. that all equations were estimated together to test their interrelations with one another. C. that individual equations were estimated in isolation with one another. D. that exogenous variables such as level of technology were treated as endogenous.
Inherited rule will be eliminated in Saudi Arabia after the current crown prince serves
Indicate whether the statement is true or false.
Your friend, Linda, started a graphic design firm about a year ago. The business has done well, but it needs a lot more equipment, computers, and employees to continue expanding. Linda does not see any problem because she thinks she can easily get all the money she will need from her local bank. What advice might you give her?
A. She is right, the bank is likely to lend her as much as she needs because banks primarily focus on supporting small businesses. B. She is crazy, banks do not lend money to small businesses but only to well- known, well-established organizations. C. She should sell her business immediately before it fails because most small businesses fail during the first five years. D. She should not accept any new clients so that she can end the need to add additional equipment and employees. E. She should consider alternative sources of financing because banks provide only about one-fourth of the total capital to small businesses.