Which of the following is not true about how people make decisions ?
2
Suppose that 40 percent of the voting population wish to spent Rs1,000 for artwork in City Hall, 25 percent wish to spent Rs20,000 and 35 percent wish to spend Rs 22,000 What is the median preferred outcome, the average preferred outcome and the modal preferred outcome ?
3
Which of the following best demonstrates the problem of moral hazard ?
These are just sample questions. The actual quiz contains 20 questions.
