_______ are outlooks or opinions that express values, serve as a means of evaluation, or demonstrate feelings in regard to ideas, people, events, situations, or relationships. They are expressions of likes and dislikes
a. Attitudes
b. Resources
c. Goal orientations
d. Preferences
A
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From 1979 to 2011, which country had the lowest growth rate of GDP per hour of work?
a. Singapore b. United States c. France d. Japan
Mexico and the members of OPEC produce crude oil. Realizing that it would be in their best interests to form an agreement on production goals, a meeting is arranged and an informal, verbal agreement is reached. If both Mexico and OPEC abide by the agreement, then OPEC's profit will be $200 million and Mexico's profit will be $100 million. If both Mexico and OPEC cheat on the agreement, then OPEC's profit will be $175 million and Mexico's profit will be $80 million. If only OPEC cheats, then OPEC's profit will be $185 million, and Mexico's profit will be $60 million. If only Mexico cheats, then Mexico's profit will be $110 million, and OPEC's profit will be $150 million.Which of the following statements is correct?
A. OPEC's dominant strategy is to abide by the agreement. B. OPEC's dominant strategy is to cheat on the agreement. C. OPEC's dominated strategy is to cheat on the agreement. D. OPEC does not have dominant strategy.
In the decade leading up to the financial crisis of 2008, U.S. housing prices:
A. were falling sharply. B. were rising rapidly. C. increased slowly. D. did not change.
If savers do not have fixed savings goals, the supply curve of loanable funds will generally be
A. horizontal. B. downward sloping. C. vertical. D. upward sloping.