A person with a low level of glucose is more likely to:

A. make an impulsive decision.
B. make a cognitive decision.
C. avoid gut feelings.
D. base decisions on both gut feelings and cognition.


Answer: A

Economics

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Price ceilings are illegal in the United States

Indicate whether the statement is true or false

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Refer to the above figure. If the relevant aggregate demand curve was AD2, the government could do all of the following to close the existing gap EXCEPT

A) increase government spending on roads. B) reduce marginal tax rates. C) reduce corporate taxes. D) reduce defense spending.

Economics

A firm's opportunity cost of using resources provided by the firm's owners is called:

a. sunk costs. b. fixed costs. c. explicit costs. d. implicit costs. e. entrepreneurial costs.

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A relatively large increase in the cost of electricity would likely

a. result in a large increase in the use of gas for home use immediately. b. cause an immediate large decline in the use of electricity. c. increase the use of gas and decrease the use of electricity after a time lapse. d. cause an equal reduction in the use of electricity immediately.

Economics