The average person is more likely to make a mistake choosing ________ than what to have for dinner due to the complex nature of the topic.
A. which college to attend
B. how to save for retirement
C. which type of health plan to choose
D. All of these statements are true.
Answer: D
You might also like to view...
When someone is stressed the first phase is physiological, second is resistance and the last stage is:
a. Evaluation b. Exhaustion c. Clarity d. Symbolic reaction
Which of the following is true of regulation?
a. Regulatory agencies often ignore the secondary effects of their actions and fail to foresee future problems. b. Policy-makers are hesitant to call for new regulations even when it is clear they would help avert future crises. c. Mortgage lending and banking have historically been unregulated and therefore regulation in these sectors will be unpopular. d. Past regulations have been effective at averting crises, but they are unpopular because they reduce the profitability of the regulated industry.
Suppose that Philip is the best contractor in town, and he makes $400,000 a year. Suppose that Julia Roberts is the best and highest paid actress in Hollywood, and she makes $13 million per movie. Both are the best in their respective fields of work. One reason for the significant difference in incomes has to do with the nature of the service each offers. Philip's contracting services
a. can be provided to an unlimited number of customers in a year, but Julia's work is sold to only a few individuals in a year. b. can only be provided to a limited number of customers in a year, but Julia's work is sold to millions of individuals in a year — i.e., to anyone who has the willingness and ability to pay for admission to her movies. c. can be provided to a unlimited number of customers in a year, and Julia's work is sold to millions of individuals in a year — i.e., to anyone who has the willingness and ability to pay for admission to her movies. d. can only be provided to a limited number of customers in a year, and Julia's work is sold to only a few individuals in a year.
In the United States, the wage rates for high school graduates are growing faster than the wage rates for college graduates.
Answer the following statement true (T) or false (F)