Most entrepreneurs are self-employed
a. True
b. False
Indicate whether the statement is true or false
True
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Psychological factors that may influence the saving rate are ________ and ________.
A. capital gains; the real interest rate B. the desire to leave a bequest; capital gains C. self-control problems; the demonstration effect D. the real interest rate; the demonstration effect
For much of its history, General Motors was characterized by having versions of the same car with different nameplates, e.g., Chevrolet vs. Cadillac. This business model has seemed less successful in recent years. What might explain this?
A) Consumers have more information concerning costs and quality. B) Consumers have more information concerning costs but not quality. C) Sellers have more information concerning costs but consumers have more information about quality. D) Consumers have less information concerning costs and quality.
Which of the following is an asset of a bank and a liability for its customers?
a. deposits of its customers and loans to its customers b. deposits of its customers but not loans to its customers c. loans to its customers but not the deposits of its customers d. neither the deposits of its customers nor the loans to its customers
Voting as a mechanism for public choice is associated with a number of problems including
A. majority rule voting can lead to contradictory and inconsistent results. B. disengaged voters with very little incentive to inform themselves of the issues. C. logrolling. D. all of the above.