A person using a high discount rate is going to consider the concept of sustainability
A. just a fancy term oil and gas companies use to argue for increased rights to drill.
B. as wise.
C. as overly weighting the future.
D. as unwisely focusing on the present.
Answer: C
Economics
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To think at the margin means to consider
A) how people behave in their own self-interest. B) how a small change in one variable affects another variable. C) how people will decide what to purchase. D) how nothing remains constant over time.
Economics
The Keynesian idea that the government can achieve a specific level of GDP by changing government spending and taxing was known as
a. fine-tuning b. supply-side stimulation c. classical manipulation d. hunting for the Phillips curve e. crowding out
Economics