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Author Question: Charitable donations to the Red Cross A) can be explained by the rational ignorance theory. B) ... (Read 558 times)

kwoodring

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Charitable donations to the Red Cross
 
  A) can be explained by the rational ignorance theory.
  B) can be explained by the rational self-interest theory.
  C) cannot be explained by the rational self-interest theory.
  D) prove that there is no scarcity in the United States.

Question 2

The more flexible prices are, the
 
  A) greater demand shifts have to be to bring about a new equilibrium.
  B) larger the shifts in supply will be after a change in demand.
  C) greater the reliance by sellers to change the nominal price.
  D) more quickly a shock to the economy can be absorbed.



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scottmt

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Answer to Question 1

B

Answer to Question 2

D





 

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