Answer:
c. low and banks are unable to loan out all of their excess reserves. d
Explanation:
Lower required reserve ratio means banks have more money to lend. When banks are able to lend all its excess money, then money supply increases for citizens.
Pierre engaging in such actions is known as rationalizing.
When a person rationalizes a decision they:
- <em>T</em><em>ry to prove that what they did isn't bad </em>
- <em>C</em><em>ome up with some sort of reasoning to support their decision </em>
Pierre is clearly doing something wrong here by increasing expenses more than they are supposed to be. He however convinces himself that what he is doing is not bad because no one will notice.
He is therefore coming up with reasons to prove that what he is doing is not bad and we can conclude based on this fact that he is engaged in rationalizing his behavior.
<em>Find out more at brainly.com/question/14453354.</em>
Answer:
If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.
Answer:
The correct answer is c. Prospect theory.
Explanation:
Prospective theory belongs to behavioral economics and stands out as an alternative model to the expected utility theory, since the validity of the rational agent's neoclassical assumption is questioned. This theory was developed by Nobel laureate Daniel Kahneman and his collaborator Amos Tversky in his »Prospect Theory: An Analysis of Decision under Risk” (1979). They used the results obtained from both his own empirical observations, as of several experiments.
Individuals set preferences based on a specific situation and circumstances, rather than in absolute terms. This means that depending on their initial situation, agents will act in one way or another. One of the results of this reasoning leads to behavioral asymmetries between situations of possible losses or gains. Individuals, for example, are generally more risk averse than profit lovers. An endowment effect is also derived from this analysis, since the compensation required by someone to dispose of a good is greater than what they would be willing to pay to acquire it.
Answer:
The correct option is A
Explanation:
Mass marketing is the kind of market approach, in which the business or the firm decides to ignore or disregard the differences in the market segment and reconsider the full market with the one approach or the strategy, that supports the broadcasting idea, so that it will reach to the huge number of people.
This kind of marketing is the one which is a point of convergence on the newspapers, radio and television as the media used to approach the audience. So, it is engaging or involving in the mass marketing.
