Researchers have found that the systematic mistakes that people make in their decision making include a lack of confidence in their own abilities

Window cleaners that work the top floors of high-rise office buildings are, on average, paid approximately 30 percent more an hour than those that clean windows on the bottom floor. This is an example of

a. employment discrimination. b. non-pecuniary job benefits. c. irrational wage compensation. d. compensating wage differentials.

When Congressional decision makers chose not to raise taxes to fight the war on terrorism, they

A. borrowed the money, but the opportunity cost still existed in the form of higher interest rates and/or crowding out. B. showed that borrowed money has no opportunity cost. C. showed opportunity cost exists by eliminating Social Security. D. showed that there is no opportunity cost to defense spending when you are required to spend it.