Multiple Choice
According to the textbook, if students are graded on a curve so that each student's grade depends upon their performance relative to other students, the resulting positional arms race are partially offset by social norms that:
A) encourage everyone to study hard.
B) discourage studying by labeling hard-working students as "nerds".
C) award only the very top performers.
D) encourage people to save money for college.
Correct Answer:

Verified
Correct Answer:
Verified
Q88: Suppose Erie Textiles can dispose of its
Q89: Two companies, Dirty Inc. and Filthy Inc.,
Q90: Suppose that a vaccine is developed for
Q91: If the production of a good generates
Q92: Refer to the figure below. The socially
Q94: The following data show the relationship
Q95: Suppose that your neighbor smokes in his
Q96: This graph shows the marginal cost and
Q97: Refer to the figure below. In this
Q98: Two firms, Industrio and Capitalista, have access