Economist a Believes That the Elasticity of Investment Is 1

question 15

Multiple Choice

Economist A believes that the elasticity of investment is 1.47 while economist B believes that the elasticity of investment is 0.76.Which economist,A or B,is more likely to believe that a change in the interest rate will change the current economic environment?

• A) Economist A,since she believes that investment is more sensitive to changes in interest rates than does economist B.
• B) Economist B,since she believes that investment is more sensitive to changes in interest rates than does economist A.
• C) Economist A,since she believes that investment is less sensitive to changes in interest rates than does economist B.
• D) Economist B,since she believes that investment is less sensitive to changes in interest rates than does economist A.

Appreciate the complexity of gene-environment interactions in shaping behavior.

Understand the fundamental principles of natural selection and their application to human behavior and evolution.

Comprehend the role of evolutionary psychology in explaining human traits and behaviors.

Identify the biological bases of gender differences and sexuality from an evolutionary perspective.