The more we about a subject the higher the value of our?

Because of the housing bubble, many houses are now selling for much less than their selling price just two to three years ago. there is evidence that homeowners with virtually identical houses tend to ask for more if they paid more for the house. what fallacy are they making?

What is a common factor all nonprofit businesses share? they pay no income tax.they have no capital.they are national in scope.they perform charitable acts.

Mankiw attributes – chapter 1 and his 10 principles – differences in living standards within a countryover time and across countries at a moment in time to: a. the presence or absence of inflation and unemployment.b. the allocation of resources between private markets and the public sector.c. those that have dealt successfully with the efficiency v. equality tradeoff and those that haven’t.d. differences in productivity.e. ones that think at the margin and respond to incentives and those that don’t.