If all firms expect greater demand for their products or services, they will hire _____ resources like labor and capital and the economy will experience _____
a. fewer; recession
b. fewer; growth
c. more; deflation
d. more; recession
e. more; growth
e
Economics
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When a person acts as expected as part of the group they are portraying their
a. role b. groupthink c. norm d. status rank
Economics
When each individual has consistent preferences, but those of the community are not consistent, it is known as
A. agenda manipulation. B. majority rule. C. voting paradox. D. logrolling.
Economics