QUESTION 8 Kidney transplantation is an example where people can benefit from exchanging goods but cannot rely on monetary prices to allocate goods. Market design can greatly improve welfare in such cases. O a. Correct O b. Incorrect QUESTION 9 Loss aversion describes the tendency of humans... O a. to try to avoid losses at all costs. O b. to be competitive. O c. to find it more important to avoid a loss than to realize an equally sized gain. QUESTION 10 Save More Tomorrow is an example of nudging. The idea is to increase people's contributions to their retirement fund by... O a. forcing employees to increase their contribution rates when they get a pay raise. O b. matching an employee's contributions to provide better incentives. O c. using insights of behavioral economics to induce people to voluntarily increase their contribution rates when they get a pay raise. O d. forcing firms to match employee contributions to reduce inequality