Time on the Cross views slavery as a system in which
(a) the slaves were quite happy, good-hearted and content with their condition.
(b) the plantations were efficient operations with incentive systems providing slaves with some rewards for productive behaviors.
(c) the slaves, because of the oppression and brutal conditions they faced, had the same type of attitudes as did the inmates of Nazi concentration camps during World War II.
(d) the prospects of escape or resistance were so poor that slaves made few revolts against slavery.
(b)
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Elected government officials seem biased toward favoring
A) the national interest. B) the global interest. C) well organized, special interest groups. D) policies that are in the long-run interest of economists.
As Sally increases her consumption of a good, she experiences diminishing marginal utility if her total utility
A) increases at a constant rate. B) increases at a decreasing rate. C) increases at an increasing rate. D) decreases.