« previous next »

Author Question: A problem that exists when naturally occurring incentives encourage sufficient numbers of people to ... (Read 59 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
A problem that exists when naturally occurring incentives encourage sufficient numbers of people to act in a way that makes everybody worse off is called a
 
  A) zero-sum problem.
  B) cause-and-effect problem.
  C) collective action problem.
  D) trade-off.

Question 2

When people use all the relevant data and principles of economics to forecast inflation, they are making
 
  A) what is called a data-based forecast.
  B) an always accurate forecast.
  C) a mistake.
  D) what is called a rational expectation.
  E) an exaggerated forecast.


sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Older people who exercise cognitive skills, like these chess players, retain those skills well into ... Older people who exercise cognitive skills, like these chess players, retain those skills well into ...
Typical timing marks. The numbers of the degrees are on the stationary plate and the notch is on ... Typical timing marks. The numbers of the degrees are on the stationary plate and the notch is on ...
Cards Used in a Socially Situated Version of the Problem-Solving Test Cards Used in a Socially Situated Version of the Problem-Solving Test
Acid deposition is a transboundary problem Acid deposition is a transboundary problem
Sequence Series Arithmatic Progression Problem Sequence Series Arithmatic Progression Problem
Hyperbola Math Problem Hyperbola Math Problem
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library