People cope with uncertainty about the future:
A. exactly the same way, regardless of the situation.
B. in very similar ways, regardless of the situation.
C. in many ways, such as buying insurance.
D. by always avoiding it.
C. in many ways, such as buying insurance.
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Consumers will spend a higher proportion of a one-time bonus than they would of a permanent salary increase
Indicate whether the statement is true or false
Some economists have argued that certain characteristics of the delivery of health care justify government intervention. One of these characteristics is
A) health care is nonrivalrous and nonexcludable. B) health care generates negative externalities. C) health care is a public good. D) health care generates positive externalities.
If the Mexican peso appreciates against the U.S. dollar
A) Mexican exports will become cheaper in the United States. B) Mexican exports will become more expensive in the United States. C) U.S. exports will become more expensive in Mexico. D) there will be no change in the price of Mexican imports in the United States.
How long does it take a firm to go from the short run to the long run?
a. six months b. one year c. two years d. It depends on the nature of the firm.