A __________ may agree to waive a restrictive covenant, especially if doing so appears to make the loan __________
A) borrower; no riskier
B) borrower; riskier
C) lender; no riskier
D) lender; riskier
C
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Patents and copyrights create incentives for individuals to create information that might not be produced otherwise
Indicate whether the statement is true or false
Suppose Christina just saw an advertisement on television for an antidepressant, but it has been a long time since James saw one. According to the availability heuristic:
A. Christina and James are likely to think that depression is equally common. B. Christina is likely to think that depression is more common than James. C. James is likely to think that depression is more common than Christina. D. Christina and James are equally likely to think that people recover from depression.
For the music industry, the rise of Internet file-sharing of music has:
A. Worsened the free-rider problem B. Diminished or alleviated the free-rider problem C. Reduced the options for musicians to have their music heard D. Eliminated the problem of digital piracy
Once a government program is put into place, the employees of the bureau put in charge of administering the program _____
a. become profit maximizers b. begin working in the public interest c. start rent seeking d. become an interest group