Inertia is best described as _____
A) doing nothing or doing little in the face of uncertainty.
B) decreasing the consumption of a commodity when the utility derived from it falls.
C) opting for additional savings schemes apart from those set as the default by employers.
D) replacing high-power electrical lights and appliances with low-power ones to reduce electricity consumption per month.
E) visiting a new grocery store every month.
Correct Answer:
Verified
Q150: Successful screening devices _
A)increase the supply of
Q151: Traditional economics assumes that _
A)people have willpower.
B)people
Q152: Sticking with an option even when circumstances
Q153: The use of a proxy measure to
Q154: Which of these is an example of
Q156: Which of the following is an example
Q157: Traditional economics assumes that _
A)people have willpower.
B)people
Q158: Which of these is true of behavioral
Q159: Which approach views the economy as populated
Q160: The process used by employers to select
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