Undisclosed information is the most relevant

I’ve been searching for a place to live in the US, and I found something interesting.

Most posts on the renting website presents the room or house in a perfect way. I’ve read one which is very convenient to everything and has a reasonable price. I was so excited that I sent an email to ask eagerly for reservation. But the response was disappointing. The person said that the room was unfurnished. Big problem for me!

Now I’ve learned to pay more attention to the undisclosed information. Houses which are convenient are sometimes very restrictive to applications. A low price always suggests either a bad location or difficult transportation.

In academic sense, the most vague definitions are always where new research starts. In the accounting class today, one classmates raised a question about the capitalization of research and development costs. The professor was impressed, and said this was actually one of the hottest topics in the mid 1990s to early 2000s, where internet bubbles grew. After the bust of the bubbles, the topic fade out as well.

Think beyond the box. Learning economics is not simply about taking notes and remembering formulas. Relating it to real life practice is more important.

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