In the economic way of thinking, all ignorance is ultimately

A) rational ignorance.
B) irrational.
C) inefficient.
D) unjust.
E) selfish.

A

Economics

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Pooling of risk occurs when depository institutions

A) make assets more liquid. B) specialize in loaning only to good borrowers. C) bring lenders together. D) lend to a variety of different borrowers.

Economics

What argument do you believe policymakers use in some states to justify exempting unprepared food from sales tax? (Hint: the income elasticity of food is less than one)

What will be an ideal response?

Economics