Charitable donations to the Red Cross A) can be explained by ...

[kwoodring]

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.

[scottmt]

Answer to Question 1

B

Answer to Question 2

D

[kwoodring]

Thank you

[scottmt]

Happy to help you