Choices that are best for the individuals that make them are choices in pursuit of
A) the social interest.
B) efficiency.
C) incentives.
D) self-interest.
E) equity.
D
Economics
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Leontief discovered a "paradox" in his test of the HOmodel for the United States. He expected the United States to export _____intensive goods and import _____ intensive goods; but his study indicated the reverse was TRUE.
a. land; technology b. labor; land c. capital; labor d. labor; capital
Economics
Everything else held constant, if disposable income increases by 200 and consumption expenditure increases by 150, the mpc is
A) 0. B) 0.15. C) 0.5. D) 0.75.
Economics