If there were no factors keeping wages from reaching equilibrium then there would be no

Most loopholes in the income tax system

a. are more likely to be exploited by the wealthy. b. make it more progressive. c. were created by the tax reforms instituted in 1986. d. do not affect the economic decisions of the people who benefit from them.

The results of running the dictator game experiments thousands of times have revealed to behavioral economists that:

A. people's sense of fairness is fairly uniform across the population. B. most people have little concern for others when it comes to financial matters. C. individual feelings about fairness and generosity vary widely across the population. D. most people are willing to give more than they will keep for themselves.