Answer: Option(b) is correct.
Explanation:
Correct option: Whether consumers care about fairness when they make decisions.
The Ultimatum game and the dictator game economists generally used to know the fairness and the economic behavior of the consumers.
The dictator game is a derivative of the ultimatum game.
From these two games it was seen that consumers firstly thinks about their own payoff and split the amount in an unequal ratio.
In the ultimatum game, a sum of money will be given to a person and asked him to split the amount with the other person. If the other person accepts his offer then they both get the decided amount and if the other person rejects his offer then they both get nothing.
This gives us the consumers preferences, economic behavior or whether they care about the fairness or not.
GDP per capita in Kazakhstan increased greatly in the 21st century as a result of the nation's: A. oil reserves.
<h3>What is GDP?</h3>
GDP is an acronym for gross domestic product and it refers to a measure of the total market value of all finished goods and services that are produced within a country over a specific period of time.
This ultimately implies that, GDP per capita in Kazakhstan increased greatly in the 21st century due to her oil reserves.
Read more on GDP here: brainly.com/question/1383956
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<u>Complete Question:</u>
GDP per capita in Kazakhstan has increased greatly in the twenty-first century as a result of the
nation's:
A) oil reserves.
B) carpet trade.
C) close alliance with Russia.
D) annexation of Turkmenistan.
Answer:
If you have trouble paying the loan, the lender can put a lien on the collateral (a lien is the legal term for the lender's claim to the borrower's collateral.) The lender can keep the lien active until the loan is fully paid. At that point, the lien is lifted, and the collateral ownership reverts back to the borrower.
Explanation:
Answer:
the degree to which the prices of imported and exported goods change as a result of exchange rate changes.
Explanation:
