The instructor of your wine tasting class trips and falls while discussing the merits of spitting out the wine samples after you have tasted them instead of swallowing them, so as not to get inebriated during the class
You are afraid that he might have hurt himself in the fall, but since no one else in the class is rushing up to help him, you mistakenly believe that the rest of the class thinks the instructor is trying to prove a point about drinking too much in the class. You therefore doubt your own judgement and decide to also not get up to help the instructor back to his feet. This is an example of A) diffusion of responsibility.
B) pluralistic ignorance.
C) mob mentality.
D) passing the buck.
B
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Why must the current account and the financial account sum to zero? (Assume the capital account is zero.)
What will be an ideal response?
Describe the three general types of barriers
What will be an ideal response?
Within the AD/AS model, an increase in capital formation that permits the economy to achieve a larger output will
a. increase long-run aggregate supply. b. increase short-run aggregate supply, but long-run aggregate supply will be unaffected. c. increase aggregate demand. d. decrease aggregate demand.
The formula that is generally used to measure productivity is
A. goods divided by time. B. labor divided by resources. C. outputs divided by inputs. D. inputs divided by labor.