Steve is finding it impossible to get over his most recent break-up and finds himself talking about her constantly. An example of a commitment device that Steve could use to get over her would be:
A. to allow Steve's best friend to punch him in the arm any time he mentions her name.
B. to take a cold shower every morning.
C. to start dating someone else.
D. None of these is a commitment device.
A. to allow Steve's best friend to punch him in the arm any time he mentions her name.
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Which of the following is true?
a. economic freedom is present if a country is a political democracy. b. economic freedom ratings indicate the consistency of a nation's institutions and policies with personal choice, freedom of exchange, and protection of private property. c. economies that are highly free tend to grow less rapidly than those with less economic freedom. d. all of the above are correct.
At the time of Elise's 20 year high school reunion she was earning $50,000 and the CPI was 80. Now that it is time for her to attend her 25 year high school reunion, Elise's income has risen to $80,000 and the CPI is 150. At her 25 year reunion, can Elise rightfully brag that her real income has risen since the last time she saw her former classmates five years ago?
A) Yes, Elise's real income rose during that 5 year period. B) No, Elise's real income fell during that 5 year period. C) No, Elise's real income remained constant during that 5 year period. D) It is impossible to determine what happened to Elise's real income.