Where important decisions involving people we do not know well are involved,
A. we are more likely to be risk neutral.
B. weak signals of ability are never decisive.
C. even weak signals of ability are often decisive.
D. we are less likely to self-insure.
Answer: C
You might also like to view...
Refer to the graph shown.
An economy is in both short- and long-run equilibrium at ________.
A. point A B. point B only C. point C only D. point B to C
Why would the amount of education provided be inefficient if subsidies to education were not provided?
What will be an ideal response?
The consumption effect of a tariff indicates the welfare loss to a country resulting from the domestic consumers shifting from cheaper imports to more expensive local goods.
Answer the following statement true (T) or false (F)
An increase in growth rates will cause the production possibilities curve to
A. shift outward. B. shift inward. C. become steeper. D. become flatter.