From an economists' perspective, which of the following observations is not true?
a. Self-interest is purely monetary in nature
b. Self-interest can include benevolence.
c. Self-interest is a good predictor of human behavior in most situations.
d. Self-interest is not the same as selfishness.
a
Economics
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Whenever exports exceed imports (and other planned injections equal other planned leakages), the economy
a. remains stable. b. expands. c. contracts. d. deflates.
Economics
The figure below shows the production-possibility curves for Canada (AB) and the rest of the world (CD). The opportunity cost of producing one liter of maple syrup in Canada and in the rest of the world are ________ bushels and ________ bushels of corn, respectively.
A. 7/9; 1/2 B. 9/7; two C. 7/9; two D. 9/7; 1/2
Economics