If a teacher tells a student that those who attend the study session typically score higher on the final exam,
A) the student has a positive incentive to attend the study session because she may get a higher grade.
B) the student has a negative incentive to attend the study session because she will be punished if she does not go.
C) the student has no greater incentive to attend because there is no guarantee she will get a higher grade on the exam.
D) a "C" student will be making an irrational decision if she decides to skip the study session since she has plenty of time to go.
A
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As the economy nears the end of an expansion, interest rates usually ________ and wages rise more ________ than prices
A) rise; rapidly B) rise; slowly C) fall; rapidly D) fall; slowly
The World Trade Organization (WTO) ruled that U.S. regulations on the fuel economy of cars sold by each manufacturer
A. violated the WTO rules because the imported automobiles were treated differently from domestic autos. B. were a permissible reaction to similar regulations imposed by the Japanese government on the automobiles imported from the United States. C. were permissible under Article XX. D. was not an issue under its purview.