The marginal propensity to save is

According to a behavioral economist, people who are unwilling to sell the last pound of rice they purchased for the same price that they paid for it are displaying ________

A) the endowment effect B) bounded rationality C) bounded self-interest D) bounded will power

Proponents of the notion of a "political business cycle" suggest that:

A. The standardized budget is a better indicator of the state of the economy than the actual budget, for political reasons B. Cyclical swings in the economy are produced by the inherent political instability found in capitalist economies C. A possible cause of economic fluctuations is the use of fiscal policy by policy-makers for political purposes and goals D. There is constant political trading among policy-makers that tends to make the economic policies of state and local governments procyclical