The assumption that labor markets clear makes it very easy for the classical model to explain recessions

Which of the following is NOT an alleged "unrealistic" assumption that proponents of behavioral economics suggest are commonly utilized in traditional economic models based on the rationality assumption?

A) unbounded selfishness B) unbounded rationality C) unbounded will power D) unbounded resources

In presidential elections, voters often find that they do not agree with any single candidate on all the issues that matter to them (the voters). This is known as the:

A. Principal-agent problem B. Limited and bundled choice problem C. Rent-seeking behavior problem D. Lack of accountability problem