The motivation for collective action is to do things that benefit society as a whole

Why would a policymaker risk inflation if workers can just renegotiate their wages?

A) There is a change that workers will not fully anticipated the impact of the policy. B) The policymakers want to look like they are actively involved in the economy. C) Inflation is not a high price to pay in the economy. D) The policymakers do not believe that the workers can renegotiate.

About how many commercial banks are operating in the United States?

A. 8,000 B. 9,000 C. 10,000 D. Over 15,000