The decision to smoke cigarettes is not subject to present bias because the health risks of smoking cigarettes are widely known.
Answer the following statement true (T) or false (F)
False
You might also like to view...
In order to qualify for unemployment insurance and worker's compensation, a person must have
a. paid taxes the previous year b. an employment record c. a family of four d. food stamps e. a driver's license
The type of human capital formation that occurs in the business sector is called
a. vocational education. b. business education. c. on-the-job training. d. productivity enhancement.
Jin likes to buy licorice candy. She has just learned that a new tax is going to be assessed on candy. If Jin understands how taxes influence pricing, what is her most likely reaction?
a. She is upset because she knows she will pay more for licorice. b. She is happy because she knows she will pay less for licorice. c. She does not care because she knows this will not affect licorice prices. d. She is happy because she will have more consumer surplus on licorice.
Are money and income the same thing?
A. No, money is measured at a point in time and income is measured for a period of time. B. No, money is measured for a period of time and income is measured at a point in time. C. Yes, they are just measured in different ways. D. Yes, the only difference is real versus nominal.