According to behavioral economics, an employee will likely
a. work harder if she is a satisficer and if she believes a coworker is overpaid.
b. work harder if she is a satisficer, but work less hard if she believes a coworker is overpaid.
c. work harder if she believes a coworker is overpaid, but work less hard if she is a satisficer.
d. work less hard if she is a satisficer and if she believes a coworker is overpaid.
d
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Lizzie's budget line is shown in the figure above. If the price of a magazine falls, the budget line
A) shifts rightward and its slope does not change. B) shifts leftward and its slope does not change. C) becomes flatter. D) becomes steeper.
One major problem with Social Security is that it is a "pay as you go" system
a. True b. False Indicate whether the statement is true or false