After the events of 9/11, a friend suggests to you that the central intelligence agency (cia) and federal bureau of investigation (fbi) should have foreseen the likelihood of this act of terrorism. according to your friend, all the clues were there. this perception most clearly illustrates: a) hindsight bias. b) critical thinking. c) dual processing. d) overconfidence.

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)