Limitations of bargaining include:
A. its impracticality.
B. property rights might be assigned in the wrong way.
C. if the parties have too much information, bargaining may be unnecessary.
D. All of the responses are correct.
A. its impracticality.
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By the 2000s, investment banks had become significant participants in the secondary market for mortgages
Indicate whether the statement is true or false
What country is the largest holder of foreign debt in the world?
A. U.S.A B. China C. Germany D. United Kingdom E. Russia
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 2012, the basket's cost was $77; in 2013, the basket's cost was $82; and in 2014, the basket's cost was $90 . The value of the CPI in 2014 was
a. 109.8 and the inflation rate was 9.8%. b. 109.8 and the inflation rate was 16.9%. c. 116.9 and the inflation rate was 9.8%. d. 116.9 and the inflation rate was 16.9%.
If Doug has just watched a television show in which the main character is killed in an airplane crash, then the availability heuristic predicts that he will:
A. overestimate the dangers of air travel. B. more accurately assess the pros and cons of air travel. C. never watch that television show again. D. underestimate the dangers of air travel.