Suppose studies showed that 12 percent of all teens choose to participate in underage drinking. If policymakers wish to reduce the amount of underage drinking, they should:
A. not share that statistic, and let teens think that it's a huge problem with all teens.
B. let teens know that the great majority of teens currently do not drink.
C. Informing them will have no impact on their individual behavior.
D. The statistic is likely to influence their personal decision, but it is impossible to predict in what way without more information.
Answer: B
You might also like to view...
Refer to the figure above. If a per-unit tax of $1.50 is imposed on the sale of Good X, what is the size of the deadweight loss due to taxation?
A) $5 million B) $7.5 million C) $1.5 million D) $2 million
What does the income elasticity of demand measure? How is it calculated?
What will be an ideal response?
Analyze the effects of an increase in the European money supply on the dollar/euro exchange rate
What will be an ideal response?
Currently, bank runs are a major problem for the U.S. banking system and the Fed
a. True b. False Indicate whether the statement is true or false