Dose-response functions for environmental hazards
a. always have thresholds c. must arise from the origin
b. are strictly linear d. none of the above
d. none of the above
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Typically, the budget deficit is financed by simply printing money
a. True b. False Indicate whether the statement is true or false
If the marginal propensity to consume is 0.75 and investment spending increases by $200 billion, by how much will equilibrium output increase?
a. $350 billion b. $150 billion c. $200 billion d. $266.7 billion e. $800 billion
One principle that nearly all economists agree on when defining money is that it should be
a. spendable. b. liquid. c. accepted as payment. d. easily transferable. e. All of the above are correct.
According to behavioral economics, the difficulty among many people to stick to a diet or an exercise plan is partly explained by:
A. Myopia B. Mental accounting C. Anchoring D. Framing