High-end retailers spend a lot on architecture, displays, and packaging in order to take advantage of the:
A. Hindsight bias
B. Confirmation bias
C. Availability heuristic
D. Framing effect
D. Framing effect
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If a central bank is said to be leaning against the wind, they have signaled that they will
A) intervene to reverse the current trend of their currency. B) intervene to accelerate the current trend of their currency. C) not intervene in the currency markets at all. D) work together with their opposition even if it is politically difficult.
The WTO encourages nations to take unilateral action on trade issues, including issues involving environmental protection
Indicate whether the statement is true or false
Deforestation is occurring in tropical areas because
a. long-run economic considerations outweigh short-run considerations b. global economic considerations outweigh domestic considerations c. tropical soil is good for growing farm crops d. the value of jobs created by deforestation exceeds the cost to society e. there is no property right to the earth's climate
Interest in environmental problems has intensified, perhaps because
a. for the first time in history in the 1970s people began to die from pollution-related diseases. b. rising incomes have caused people to be more concerned with the quality of their lives. c. the centrally planned economies are polluted. d. All of the above are true.