The "shadow heuristic" is all of the following, except:
A. When the brain assumes that light always fall from above
B. What makes us interpret two-dimensional shaded circles as three-dimensional bumps or holes
C. What allows us to measure the height of a tall structure by analyzing its shadow
D. When we sometimes mistakenly interpret the contours of a picture of a ball or a box
C. What allows us to measure the height of a tall structure by analyzing its shadow
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Why did the government use expansionary monetary policies in the late 1970s, and what was the principal negative macroeconomic effect of these policies?
What will be an ideal response?
The buyer of a futures contract
A) assumes the short position. B) has the obligation to deliver the underlying financial instrument at the specified date. C) has the obligation to receive the underlying financial instrument at the specified future date. D) may, at his or her option, deliver or receive the underlying financial instrument at the specified date.