Sitting through a terrible movie till the end because you already bought the ticket is an example of:

A. sunk cost fallacy
B. making a decision at the margin.
C. rational behavior.
D. negative utility endorsement.


A. sunk cost fallacy

Economics

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A law requiring the government to balance its budget in each year would serve as an automatic destabilizer

Indicate whether the statement is true or false

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An externality is an example of a market failure

Indicate whether the statement is true or false

Economics

The quantity theory of money ________

A) is the product of classical economists B) links total income to a country's supply of money C) is derived from the equation of exchange D) all of the above E) none of the above

Economics

Would a country with an absolute advantage in the production of all goods and services trade with other countries? Explain

What will be an ideal response?

Economics