Which of the following is true?
a. Changes in personal costs and benefits will exert a predictable impact on the choices of human decision makers.
b. Only direct monetary costs matter in making decisions.
c. If a good is provided free to an individual, its production will not consume valuable scarce resources.
d. Secondary effects are seldom of importance in economics.
A
Economics
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If the people of Redland are expecting the central bank to conduct an expansionary monetary policy for several years, how will the long-run real interest rate in Redland be affected?
What will be an ideal response?
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All growth theory today is "new growth theory" because it considers a broad framework that includes technological progress
Indicate whether the statement is true or false
Economics