There is widespread agreement across the political spectrum that the only way to break the cycle of poverty and welfare dependency is to
A. provide abortion on demand.
B. put every able-bodied person to work.
C. enact a negative income tax.
D. throw everyone off welfare.
B. put every able-bodied person to work.
Economics
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If the real GDP of a country is substantially lower than its nominal GDP, the country experiences low inflation and unemployment
a. True b. False Indicate whether the statement is true or false
Economics
Behavioral economists have found that people ______________, and this leads to irrational decisions.
A. often forget money is fungible B. often undervalue opportunity costs C. often forget to ignore sunk costs D. All of these statements are correct.
Economics