Which one of the following is an example of an economic investment?

A. Putting money in a bank CD

B. Buying a corporate bond or stock

C. Purchasing shares of a mutual fund

D. Building a new bank office

D. Building a new bank office

Economics

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Which of the following is a behavioral implication of bounded rationality?

A) unbounded selfishness B) a rule of thumb C) a rational mistake D) a nervous breakdown

Economics

Charles Murray would

A. provide government jobs for everyone who is ready, willing, and able to work. B. scrap the entire federal welfare and income-support structure for working-aged persons. C. introduce the negative income tax. D. do none of these things.

Economics