Based on the present-aim standard a person who drinks gasoline and subsequently dies could be consider rational as long as:
A. her behavior helps other people.
B. her death is not painful.
C. she really likes the taste of gasoline and death.
D. she thinks her behavior will result in more gasoline for other people.
Answer: C
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Rank the following goods from most elastic to least elastic: The Economic Way of Thinking (11th ed.), economics textbooks, textbooks
A) The Economic Way of Thinking (11th ed.), economics textbooks, textbooks B) The Economic Way of Thinking (11th ed.), textbooks, economics textbooks C) Economics textbooks, The Economic Way of Thinking (11th ed.), textbooks D) Textbooks, economics textbooks, The Economic Way of Thinking (11th ed.) E) None of the above.
In the graph shown, a shift in the AD curve to the right:
A. causes goods inflation. B. lowers globally constrained potential output. C. raises domestic consumption. D. lowers domestic consumption.