Answer:
they use all information available to them, and the information they use not only contains past experiences, but also their expectations for the future
The weberian paradox is idea of the increase of knowledge and technology causes the decease of morals and traditions
Answer: A. I and IV only
Explanation:
The relationship between bond prices and interest is an inverse one. This is because bonds have fixed rates so when for instance interest rates increase, the fixed rate of bonds will become less attractive as people would want to make the higher interest. They will therefore demand less of bonds and the prices will drop. The reverse is true.
Also, long term bonds are more affected by interest rate changes then short term bonds. This is because, as they have a longer term till maturity, they will be even less attractive when interest rates rise.
I did some research and found out it is the law of increasing costs
:)
Andrew is entitled to do so because he made less money this year