Public choice theorists assert that persons who change jobs from, say, a government position to a business position, sometimes alter their work behavior and attitudes because
A) they want to fit in and be liked by their fellow workers.
B) they are acting rationally by weighing the costs and benefits of certain behavior in different work settings.
C) they feel that if they change jobs, they should also change their behavior.
D) their new boss tells them it is in their best interest.
B
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How does a decline in the real interest rate cause an increase in investment?
What will be an ideal response?
Consider the production possibilities frontier displayed in the figure shown. Which points are efficient and attainable with existing resources?
A. Only point B.
B. Only point A.
C. Points A and D.
D. Points A, C, and D.
The market where banks make loans to borrowers is called the primary loan market, while the market in which these loans are bought and sold by ______________ institutions is the secondary loan market.
a. retail b. financial c. debtor d. secondary
Which of the following would not result from all countries specializing according to the principle of comparative advantage?
a. The size of the economic pie would increase. b. Worldwide production of goods and services would increase. c. The well-being of citizens in each country would be enhanced. d. Each country's production possibilities frontier would shift inward.