Which of the following is not a concern about nudge policies?

A. It is unclear that government knows best.
B. Designing helpful policies is complicated.
C. Nudge policy is not strong enough to have much of an effect.
D. Very few policies meet the criterion of libertarian paternalism.

Answer: C

Economics

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A monopoly can block the entry of others

Indicate whether the statement is true or false

Economics

The silverware industry has been in serious decline since the 1980s. Family dining habits are less formal so people purchase less silverware. Also, in 2006-2008, the price of silver increased from $5 to $20 per ounce. Which graph in Figure 4-12 best illustrates these developments?

a.
1

b.
2

c.
3

d.
4

Figure 4-12

Economics