Question: What does prospect theory assert? a. Individuals misperceive the intentions of others, which biases their decisions. b. Individuals are able to learn lessons from history

What does prospect theory assert? a. Individuals misperceive the intentions of others, which biases their decisions. b. Individuals are able to learn lessons from history and thereby improve their decision-making skills c. Individuals seek to uncover all the costs and benefits associated with foreign policy options. d. Individuals weigh options based on how the choices are framed

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=+ 3. Give three explanations why the real wage may remain above the level that equilibrates labor supply and labor demand.

=+List three hypotheses that have been suggested to explain the difference.

=+ f. Foreign investors seek a safe haven for their portfolios in the United States.