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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.
Answer:
B: Germany was unable to repay its war debts when loans from the United States were no longer available.
Explanation:
I also had this question and this was correct.
Answer:
FDR implemented many government programs.
Explanation:
Government programs are generally at odds with the idea of laissez-faire capitalism. Laissez-Faire capitalism refers to the economic idea in which market forces drive the market, and thus an invisible hand is often pictured with it. Instead of having the government pass programs to solve problems, laissez-faire economists believe that the market will solve societal issues (war, poverty, famine, social programs, etc.).
Thus, FDR's actions do not line up with this method because he was in the field of using government programs to solve the issues that arose after the war. FDR spent more money on the government, opposing the idea that market forces alone would help the U.S. out of the recession. FDR's First 100 Days program, in which he attempted to pass as much legislation as possible, particularly contradicts the idea of the invisible hand guiding the market.
Answer:
I believe it was A I did this a couple days ago I forget! If its wrong I am truly sorry!
Explanation:
