If the demand for pizza increases, then as a result, it is highly likely that the demand for:
A. chicken nuggets will fall.
B. soda will increase.
C. mozzarella cheese will increase.
D. All of these are a likely result.
C. mozzarella cheese will increase.
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Hedge funds often buy the same stocks and track each other's investment strategies. This is an example of ________
A) herding B) anchoring C) hedging D) sniping
Voters who do not have single-peaked preferences _____
a. prefer outcomes closer to their most preferred outcome to outcomes further away b. do not necessarily prefer outcomes closer to their most preferred outcome to outcomes farther away c. prefer all outcomes the same d. are unable to weigh one outcome against another outcome, regardless of where the outcome is along a one-dimensional continuum
Based on the answer above, the price for Nike shoes_____________ and the quantity demanded for Nike shoes ____________
a. Uncertain; decreases b. Decreases; increases c. Decreases; uncertain d. Increases; uncertain
Monetarism resembles Keynesian thinking in that they both
a. emphasize supply and ignore demand. b. integrate supply-side analysis into their models. c. emphasize demand side effects. d. emphasize the importance of fiscal policy.