Both the ________ do not put a great deal of emphasis on the capital account
A) absorption and monetary approaches
B) monetary and elasticities approaches
C) elasticities and absorption approaches
D) None of the above
C
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Which of the following is most likely to have an income elasticity of demand that is less than 1?
A) movies B) airline travel C) foreign travel D) food E) restaurant meals
The use of sensitivity analysis will generally result in
A) the calculation of a certainty equivalent NPV. B) the calculation of a best case, a base case and a worst case. C) the calculation of the coefficient of variation. D) the calculation of the probability of the maximum profit.
When pollution problems arise from a sudden crisis, pollution taxes are a useful form of control
a. True b. False Indicate whether the statement is true or false
If you are assigned the role of Player A in the Ultimatum game and you propose that player B gets $1 and you get $99
a. you are behaving as a rational wealth-maximizer and player B is likely to accept your offer. b. you are behaving as a rational wealth-maximizer and player B is likely to reject your offer. c. you are not behaving as a rational wealth-maximizer and player B is likely to accept your offer. d. you are not behaving as a rational wealth-maximizer and player B is likely to reject your offer.