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What do you think off the ethics of using unconscious nudges to alter people's behavior? Before you answer, consider the following argument made by economists Richard Thaler and Cass Sunstein, who favor the use of nudges. They argue that in most situations, we couldn't avoid nudging even if we wanted to, because whatever policy we choose will contain some set of unconscious nudges and incentives that will influence people. Thus, they say, we might as well choose the wisest set of nudges.
Older business cycle theories used to focus on what was called the ‘‘interaction of the multiplier and the accelerator'' to produce endogenous business cycles.
Every year, Heather hosts a holiday party for her friends. Her party budget is $200. Graph Heather's budget constraint for food and entertainment
Compute the actual dollar annual worth of Machine B. Use an inflation-free MARR of 14 percent, an inflation rate of 6.5 percent per year, and a study period of 10 years.
Welcome to Accenture, we are happy to have you join our public sector consulting arm. The Senate Banking Committee is considering a limit placed on what automated teller machine (ATM) owners can charge in terms of usage fees. Currently, the n..
In each of the following cases, explain whether you think the situation is efficient or not. If it is not efficient, why not?
A project's first cost is $25,000, and it has no salvage value. The interest rate for evaluation is 7%. The project's life is from a discrete uniform.
construct the ad sras and lras curves for an economy experiencing a full employment b an economic boom and c a
The weight of items produced with a machine is normally distributed with a mean of 8 ounces and a standard deviation of 2 ounces. What is the probability that a randomly selected item will weigh among 6.4 and 8.9 ounces
if there is a natural monopolyone firm owns all the natural resources in the production of a good such as owning the
Write the equation of a straight-line model relating total area (y) to number of structurally de?cient bridges (x). The model, part a, was ?t to the data using Minitab as shown in the accompanying print- out. Find the least squares prediction equati..
If the price of good X falls to $1, how much of the total change in quantity demanded is due to the income effect? (Hint: Sketch the graph.)
Sun Ltd acquired on 1 July 2011 a AA% voting interest (and significant interest) in Sea Ltd for $BBB cash. There cord edidentifiable net assets and assumed liabilities of Sea Ltd as at the date of acquisition were represented by the following eq..
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