Voluntarism includes methods for dealing with pollution that
A. carry no legal authority.
B. assume the public has been made aware of the environmental damage they are responsible for.
C. involve trying to coerce polluters to reduce or eliminate pollution voluntarily.
D. rely on neighborhood vigilantism.
Answer: A
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If trade opens up between the two formerly autarkic countries, Australia and Belgium, then
A) the real income of both countries may increase. B) the real income of Australia and of Belgium will increase. C) the real income of Australia but not of Belgium will increase. D) the real income of neither country will increase. E) the real income of both countries will increase.
Joseph Gallo poured two glasses of wine from the same bottle but put a more expensive price tag on one glass than on the other. He let people test both and asked which they wanted; most wanted the more expensive glass, not knowing that both had come from the same bottle. This kind of experiment tells us that:
A. people probably want to drink wine for the sense of indulgence it gives them rather than for the taste. B. preferences are given and are not shaped by society. C. people never make rational choices. D. decision making is costless.