Economists assume that people are motivated by

A. the interests of the community at large.
B. self-interest.
C. morally correct behavior.
D. a desire to please others.


Answer: B

Economics

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The Obama stimulus package included fiscal policy actions designed to assist the economy in its recovery from recession. These fiscal policy actions would include ________ government spending and ________ taxes

A) decreasing; decreasing B) increasing; decreasing C) decreasing; increasing D) increasing; Increasing

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More economists adopted monetarism in the early 1990s

a. True b. False Indicate whether the statement is true or false

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Countries that have adopted liberal reforms and substantially increased their economic freedom rating in recent years

a. experienced falling income levels per capita during 1995-2009. b. grew slowly during 1995-2009. c. achieved impressive growth rates of real GDP per person during 1995-2009. d. have grown less rapidly than high income industrial economies.

Economics