A deliberate design within the choice architecture that alters people's behavior in predictably positive ways is called an example of:
A. traditional behavior.
B. purposeful behavior.
C. a nudge.
D. a push.
Answer: C
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When the Fed buys a government security, what happens to the monetary base and the quantity of money? Which changes by more or do both change by the same amount?
What will be an ideal response?
Regressive tax systems are bad.
A. True B. False C. Uncertain
The U.S. government has frequently used a "command-and-control" approach in dealing with pollution. Which of the following describes this approach?
A) The government uses taxes in order to internalize the externalities caused by pollution. B) The government uses subsidies to encourage firms to use new technology that reduces pollution. C) The government imposes quantitative limits on the amount of pollution firms are allowed to generate. D) The government distributes information to consumers and producers on how to reduce pollution.
The Gramm-Rudman-Hollings Act was passed by Congress in ________ and signed into law by Ronald Reagan.
A. 1978 B. 1986 C. 1992 D. 1995