In traditional economic models, which of the following does NOT describe homo economicus:

If the monetary policy curve is correct, then policy makers care only about inflation and not at all about aggregate output and unemployment. Comment

What will be an ideal response?

The production of cigarettes is highly automated; however, a worker is required to monitor each machine. Machines and workers do not interact with one another. Given this information, there are most likely

A) economies of scale. B) economies of scope. C) constant returns to scale. D) increasing returns to scale.