Jeremiah is not a fan of the ballet, but he believes that his friends all enjoy the cultural experience that ballet brings and he does not want to appear unsophisticated
Unbeknownst to Jeremiah, all of his friends share the same opinion of the ballet as he does, and none of them want to appear unsophisticated to the rest of the grouA) diffusion of responsibility.
B) dysfunctional family syndrome.
C) pluralistic ignorance.
D) a prisoner's dilemma.
C
Economics
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State whether the following statement is true or false AND explain why: "A decrease in the discount rate will always cause a decrease in the federal reserve funds rate."
Indicate whether the statement is true or false
Economics
Income elasticity of demand is expected to be _____
a. relatively high for necessities b. positive for most products c. relatively low for luxuries d. negative for most products e. zero for most products
Economics