One reason that lawyers might prefer a contingent contract when representing a plaintiff in a tort case is that
A) lawyers are risk neutral.
B) diversification of many cases allows lawyers to reduce risk.
C) lawyers are typically confident about winning every case.
D) hourly rates for lawyers are usually very low.
B
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The largest single portion of state and local budgets is devoted to
a. State and local defense. b. Health and public welfare programs. c. State and local unemployment compensation. d. Education. e. Interest payments on state and local debt.
An increase in net exports shifts the aggregate demand curve to the left.
a. true b. false
Which of the following are examples of goods and services that have been subject to maximum prices or may be subject to maximum prices in the near future?
A. gasoline B. rental housing C. medical goods and services D. All of these
A game in which players as a group lose at the end of the game is referred to as
A) zero-sum game. B) negative-sum game. C) positive-sum game. D) tit-for-tat game.