Answer: Most economists are not concerned that natural resources will eventually limit economic growth. As evidence, they note that the prices of most natural resources, adjusted for overall inflation, have tended to fall over time.
Explanation: Natural resources have fallen overtime because of the increase in technological uses and processes. Due the having the ability to man-make items, the scarcity of a natural resource not being available isn't as concerning.
The correct answer is agenda control.
Agenda control refers to phenomenon whereby the media (television, newspapers, movies, magazines, etc.) shapes and influences people's thoughts and perceptions of the world. This occurs as a result of over reporting topics such as crime, terrorism, corruption, etc., while under reporting other prevalent occurrences in society. By selectively providing information to consumers, the media influences the public's opinions and perceptions.
Answer: A. designating an anti-charity should be more effective because loss aversion will provide additional motivation
.
Options:
A. designating an anti-charity should be more effective because loss
aversion will provide additional motivation
B. designating a charity should be more effective because it avoids all potential for loss
C. it shouldn’t matter whether one designates a charity or anti-charity
D. self-interest biases generally keep people from choosing the anti-charity
Explanation:
The study of behavioral Economics shows that people are more driven by the loss of fear than the hope of gain. This is known as loss aversion. In commitment contracts where penalty money is promised to a charity or an anti-charity if the goal is not achieved, those who promise their money to an anti-charity tend to achieve their goals more. The same also applies when comparing this group and those who do not have to forego anything if they do not meet their target.
This is because giving to a charity will still seem beneficial while losing the money to an anti-charity will seem like a total loss.
