People make mistakes in allocating their time
a. only when leisure time is an inferior good
b. because expectations are not always fulfilled
c. more often when the cost of making a mistake is high
d. only when economists remove the assumption that individuals are rational
e. because information is free and readily available
Question 2
In the United States
a. only those who have made previous contributions to the program are entitled to receive the benefits of social insurance programs
b. anyone with children is entitled to receive the benefits of social insurance programs
c. anyone over 65 is eligible to receive the benefits of social insurance programs
d. all taxpayers are eligible to receive the benefits of social insurance programs
e. all poor families with children are eligible to receive the benefits of social insurance programs