A six-month decline in GDP is known as a

Robert is interviewing a candidate for employment in his company and believes that the applicant is highly intelligent. If Robert only pays attention to information that is consistent with his belief, a(n) ________ will occur

A) confirmation bias B) attentional bias C) attenuation bias D) distinction bias

Which of the following is NOT correct concerning perfectly competitive firms in the long run?

A) Long-run economic profits are zero. B) Price equals minimum long-run average cost. C) Entrepreneurs earn the opportunity cost of their investment. D) The opportunity cost of capital is zero.