Having more money and a bigger house than other people is the key to happiness. Which economic approach is most consistent with this idea?
A. Engineering
B. Behavioral
C. Traditional
D. Keynesian
Answer: B
Economics
You might also like to view...
Refer to the scenario above. Using 2012 as the base year, what is the real GDP of the economy in 2012?
A) $57,500 B) $75,000 C) $45,000 D) $55,000
Economics
What causes an economy to produce a level of output which lies inside the production set?
Economics
The twin responsibilities of the Federal Reserve are:
A. to maintain full employment and balance the federal budget. B. to ensure price stability and maintain full employment. C. to ensure price stability and regulate international trade. D. to print money and ensure price stability.
Economics
What are the main forces shaping today's economy, and how are they impacting the economy?
What will be an ideal response?
Economics