Which of the following legal subjects is most concerned with the economic function of the legal system?

John's friend Rosika won a major lottery jackpot. Seeing this, and despite the fact that millions don't win and the odds of winning are infinitesimal, John goes out and buys a bunch of lottery tickets despite struggling financially. John's

decision to buy the lottery tickets under these circumstances would best be explained by the: A. hindsight bias. B. self-serving bias. C. confirmation bias. D. availability heuristic.

Fiscal policy takes _____ to implement than monetary policy because ______.

a. a longer time; the FOMC meets much more often than Congress b. a longer time; Congress must debate and agree on the action c. a shorter time; Congress meets much more often than the FOMC d. a shorter time; the FOMC cannot act without congressional approval