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Author Question: Charitable donations to the Red Cross A) can be explained by the rational ignorance theory. B) ... (Read 221 times)

kwoodring

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


kwoodring

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Reply #2 on: Jun 29, 2018
Thank you :)


scottmt

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Reply #3 on: Jun 29, 2018
Happy to help you


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