Traditional economists base their models of human behavior on simplifying assumptions regarding rationality and decision making
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Sharecropping after the Civil War (1861–1865) was the land tenure of black and white non-landowning farmers in about equal proportions
Indicate whether the statement is true or false
Economics
Which of the following contributed to the weak recovery from the 2008-2009 recession?
a. Government stimulus spending that was largely temporary and often directed toward unproductive activities. b. The restrictive monetary policy followed by the Fed. c. The tax increases instituted by a Congress intent on balancing the budget. d. The failure of the Fed to provide the banking system with sufficient reserves for the extension of new loans.
Economics