Which of the following statements represents bad decision making?
A. I've put in so much time on this paper, I can't quit now.
B. I've already paid for the ticket so I might as well stay to the end.
C. I've already spent 3 years in the college so I can't drop out and go to work now.
D. My stock has dropped $10 a share so I can't afford to sell it now.
E. all of the above.
Answer: E
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Arbitrage opportunities exist when uncovered interest rate parity does not hold
Indicate whether the statement is true or false
Supply-siders' policy recommendations include:
a. lower tax rates, spending cuts, and increased government regulation. b. lower tax rates, lower resource prices, and decreased government regulation. c. lower tax rates, spending increases, and decreased government regulation. d. lower tax rates, spending increases, and increased government regulation. e. higher tax rates, spending cuts, and decreased government regulation.