Automatic stabilizers do not include

________ behavioral assumption about humans was that people usually act in a rational, self-interested way

A) Adam Smith's B) Janet Yellen's C) Karl Marx's D) Thomas Malthus's

Statistical evidence suggests that

A) free trade policies promote economic growth more effectively than do import substitution policies. B) import substituting policies tend to promote effective exploitation of scale economies. C) import substitution tends to lead to relatively low effective rates of protection. D) import substitution is to this day the preferred growth strategy promoted by the World Bank. E) import substitution proved to be the most effective aid for developing countries before 1970.