Which of the following is most likely to increase an individual's current spending?
A) Paying back a loan today
B) Borrowing money today
C) Depositing money today
D) Withdrawing money in the future
B
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A unanimity rule suffers from the holdout problem
a. True b. False
Under what circumstances will the residual supply curve for a country be upward sloping?
A) when it does not import any of the good from the rest of the world B) when it imports a small portion of the rest of the world's supply of the good C) when it imports a large portion of the rest of the world's supply of the good D) Either A or B
In terms of framing, we respond better to:
A. negative framing. B. neither; research has shown that framing ultimately doesn't matter. C. consistent framing. D. positive framing.
The difference between the existing unemployment rate and the natural unemployment rate is defined is the __________ unemployment rate.
a. frictional b. structural c. cyclical d. natural