The certainty effect occurs when people put ________ weight on outcomes that they consider to be ________ relative to ________ outcomes
A) excessive; certain; risky.
B) low; certain; risky.
C) low; recurring; rare.
D) excessive; risky, certain.
A
Economics
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All of the following are resources EXCEPT
A) doctors because they perform services. B) the land the Statue of Liberty sits on. C) the computer in the student computer lab. D) money.
Economics
If a country is concerned about protecting a particular industry for national security reasons, which of the following policies is most effective from an economic standpoint?
A. Voluntary export restraints on countries exporting goods to the United States B. Import licensing C. Targeted government subsidies D. Protectionist tariffs
Economics