The success of the SMarT program has proven that changing the way we present options can:
A. affect people's behavior.
B. help people overcome mental biases.
C. avoid regret.
D. All of these statements are true.
D. All of these statements are true.
Economics
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The opportunity cost of a particular activity is the sum of the benefits that could have been received from all foregone activities
a. True b. False
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The lower the cost of funds, the greater the amount of loanable funds demanded.
Answer the following statement true (T) or false (F)
Economics
Which of the following is a good measure of economic prosperity?
a. The level of real GDP b. The growth rate of real GDP c. The level of nominal GDP d. The price level
Economics
What two key assumptions does the quantity theory make concerning variables in the equation of exchange?
Economics