Economists assume people behave

A) instinctively.
B) rationally.
C) irrationally.
D) greedily.

Answer: B

Economics

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Two operators of separate networks would not want to be compatible so they could connect their networks

Indicate whether the statement is true or false

Economics

What is a currency board?

a. A fixed exchange rate that, by law, exchanges domestic currency for a specified foreign currency at a fixed exchange rate. b. A floating exchange rate. c. A managed floating exchange-rate policy that the government adjusts periodically according to some economic indicator. d. A laissez-faire exchange-rate policy. e. An interventionist exchange-rate policy.

Economics