Refer to the scenario above. Rebecca should place a bid of ________

As you can see, in terms of economic theory, this argument reflects the difference between classical and Keynesian views of how economies operate

What will be an ideal response?What will be an ideal response?

Suppose the U.S. government encouraged consumers to trade in their old automobiles for more efficient, new models by paying up to $5,000 for the old automobiles

These consumers who did trade in their old automobiles to take advantage of the government offer would be exemplifying the economic idea that A) people are rational. B) people respond to economic incentives. C) optimal decisions are made at the margin. D) equity is more important than efficiency.