The dopamine learning system generates gut feelings that are useful in assessing the benefits and costs of actions. The expression of these gut feelings occurs:
A. after marginal thought.
B. instantaneously.
C. after careful thought.
D. after conscious weight is given to the perceived benefit and cost of the product.
Answer: B
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Unused lines of credit on credit cards are part of M2
a. True b. False Indicate whether the statement is true or false
The key dimension of deepening human capital in the U.S. economy focuses more on a higher average level of work experience than on additional education and training
a. True b. False Indicate whether the statement is true or false
Assume Qs represents the quantity supplied at a given price and Qd represents the quantity demanded at the same given price. Which of the following market conditions produce a downward movement of the price?
A. Qs = 1,000, Qd = 750. B. Qs = 750, Qd = 750. C. Qs = 750, Qd = 1,000. D. Qs = 1,000, Qd = 1,000.
The idea that the desires of resource suppliers and firms to further their own self-interest will automatically further the public interest is known as:
A. Consumer sovereignty B. The invisible hand C. Derived demand D. Creative destruction