Author Question: From the economic point of view, why might a sophomore in college spend a great deal of time getting ... (Read 162 times)

BrownTown3 · **on:** Jun 29, 2018

From the economic point of view, why might a sophomore in college spend a great deal of time getting to know an attractive classmate rather than getting to know the issues behind the president's deficit-reduction policies?

A) She is selfish.
B) She considers it a more productive use of her time.
C) She obviously has no interest in politics.
D) The federal budget deficit cannot possibly affect her life.

Question 2

In the economic way of thinking, the costs of a recession are predominantly

A) the costs of using money.
B) the excessive costs of advertising in the face of persistent, falling demand.
C) the costs of disappointed expectations and discoordination of plans.
D) the costs associated with high nominal interest rates.