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Which of the following best describes prothrombin and fibrinogen?
Trade Restrictions
Measures imposed by governments to control the amount of goods and services that can be traded across borders.
Sound Policy
A policy that is well-founded, practical, and likely to produce desired outcomes, often based on evidence and rational analysis.
Rational-Ignorance Effect
The decision by individuals to remain uninformed about an issue because the perceived cost of acquiring the knowledge outweighs the expected benefits.
Externalities
Externalities are consequences of an economic activity experienced by unrelated third parties; they can be either positive (benefits) or negative (costs).
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