The combination of psychology and economics to determine individual decision making is known as
A) behavioral economics.
B) psychonomics.
C) neuronomics.
D) positive analysis.
Answer: A
Economics
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If supply increases, the equilibrium price will rise and the equilibrium quantity will fall.
Answer the following statement true (T) or false (F)
Economics
What is the relationship between the marginal cost, minimum supply-price, and supply?
What will be an ideal response?
Economics
In practice, money growth targeting was
A) a good idea. B) a policy introduced in the U.S. in the 1970s, which continues to the present. C) better than interest rate targeting. D) a failure.
Economics
If the real rate of return is 5 percent, and the inflation rate is 2 percent, then the nominal interest rate must be:
A. 7 percent. B. 3 percent. C. ?3 percent. D. ?7 percent.
Economics