The persistence of some "urban legends" and some myths is a reflection of the:
A. Framing effect
B. Confirmation bias
C. Hindsight bias
D. Availability heuristic
B. Confirmation bias
Economics
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The money multiplier:
A. Is the number of deposit dollars the banking system can create from $1 of excess reserves. B. Decreases as the required reserve ratio decreases. C. Is equal to excess reserves plus required reserves. D. Is equal to the required reserve ratio times transactions deposits.
Economics
In a market with a bilateral monopoly:
A) there is a single buyer and a single seller. B) there are many buyers and a single seller. C) there is a single buyer and few sellers. D) there are a few buyers and many sellers. E) there are a few buyers and a few sellers.
Economics