According to behavioral economists, giving to charity:
A. contradicts the view that people are narrowly self-interested.
B. appears unselfish but in fact is driven by self-interest.
C. results from an ability to accurately calculate benefits and costs.
D. is done solely to receive the utility from public recognition.
Answer: A
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For 2015 the U.S. natural rate of unemployment was estimated to be about 4.9 percent, which was close to the actual unemployment rate in 2015
a. True b. False Indicate whether the statement is true or false
By definition, a firm is
A. a business organization that consists of more than one person. B. an organization, whether private or public, that may or may not make a profit. C. a business organization that utilizes resources to produce goods or services with the goal of making a profit. D. a business organization that makes profits.