In 2015, the fraction of fatal traffic accidents involving at least one person with blood alcohol level above the legal limit is approximately
A. 31%.
B. 5%.
C. 20%.
D. 10%.
Answer: A
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Refer to the scenario above. Which of the following is a winning strategy for this game?
A) A strategy to always show a rock B) A strategy to always show a paper C) A strategy to always show scissors D) A random mix of all the three symbols
If real GDP grew by 5 percent during one year and population also grew by 5 percent, then
a. real GDP did not change. b. nominal GDP did not change. c. the change in real GDP equaled the change in nominal GDP. d. real GDP per capital did not change.
Which of the following would be an example of a principal trying to deal with a moral hazard problem?
a. The parents of an infant secretly place video cameras in their house before the baby-sitter arrives. b. An insurance company checks police records to determine if its policyholders have received traffic citations. c. An employer examines his workers' output on a daily basis. d. All of the above are correct.
Which of the following is a monetary policy action?
A. Deregulation. B. Changes in transfer payments. C. Open market operations. D. Changes in government spending.