Neoclassical economics and behavioral economics disagree on the following assumptions, except:

A. Rationality of people
B. Determinants of prices
C. Stability of people's preferences
D. Strength of people's willpower

B. Determinants of prices

Economics

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Which of the following information about fiat money is false? Fiat money

A) has little to no value except as money. B) serves as a medium of exchange. C) is backed by gold. D) is authorized by a central bank or governmental body.

Economics

How were the initial members of EMU chosen? How will new members be admitted? What is the structure of the complex of financial and political institutions that govern economic policy in the euro zone?

What will be an ideal response?

Economics