Indirect taxes are levied on specific economic activities
a. True
b. False
Indicate whether the statement is true or false
True
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An evaluation of relative risk is known as
a. risk-benefit analysis c. benefit-cost analysis b. comparative risk analysis d. de minimis risk
Which of the following is NOT directly related to human capital?
A) a summer internship B) an MRI machine C) an understanding of real estate markets D) a college education E) knowledge of computer programing
Sarah consumes pizzas and hamburgers. The price of a hamburger is $1 and the marginal utility from her last hamburger is 5. Let Pp be the price of a pizza and MUp be the marginal utility of pizzas
In consumer equilibrium, the ratio MUp/Pp for Sarah's last pizza must equal A) 0.2. B) 1.0. C) 5.0. D) infinity.
Choice architecture focuses on such factors as:
A. the timing of choices. B. how different options are described. C. Both A and B are true. D. Neither A nor B is true.