An excess demand for money exists if the interest rate is below the equilibrium rate

Behavioral economics deals with

A) the assumption that people are always selfish. B) bounded rationality. C) unbounded willpower. D) only theories without justification from empirical evidence.

Developing infrastructure and ensuring that property rights will be protected can help a poor country grow more quickly according to de Soto's book The Other Path.

Answer the following statement true (T) or false (F)