When you care more about what your friends think of a good or service than what experts or other consumers in general think, you are making the error of ______.
a. assuming complete self-control
b. choosing options that are positively framed
c. giving too much weight to a small sample
d. valuing your personal property too highly
c. giving too much weight to a small sample
Economics
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A temporary decrease in government purchases would ________ the domestic real interest rate and ________ net desired saving (desired saving less desired investment) in the economy
A) lower; increase B) lower; decrease C) raise; increase D) raise; decrease
Economics
Exchange rates determined by the laws of supply and demand are called: a. equilibrium exchange rates. b. fixed exchange rates
c. dirty exchange rates. d. floating exchange rates.
Economics