In which industry or sector of the economy is output least likely to be affected by the business cycle?

A graph shows that the number of U.S. tourists visiting a Caribbean island increases as the temperature in the northeastern United States falls. The graph shows

A) a direct relationshi

Which of the following is a common mistake consumers commit when they make decisions?

A) They take into account nonmonetary opportunity costs but ignore monetary costs. B) They sometimes value fairness too much. C) They are overly pessimistic about their future behavior. D) They fail to ignore sunk costs.