When economists assume that people are rational and respond to incentives, they mean
A) people act with kindness. B) people act in their own self-interest.
C) people are altruistic. D) people are selfish.
Question 2
Consider two economies: A and B. In economy A, the work culture is such that people do not mind working for 12 hours a day. On the contrary, in economy B, people work for a maximum of 6 hours in a day. If the culture hypothesis holds, then:
A) the growth rate in both economies are likely to fluctuate randomly.
B) economy A is likely to grow faster than economy B.
C) economy B is likely to grow faster than economy A.
D) both economies are likely to grow at the same rate.
Where do you think these people fit in Gans’ classification of urban dwellers?
The social movement that centers on the environment has become global. In all nations, people are ...
People who share genes will often have similar body weights
Sensory Crossover Device for Visually Impaired People
People who are color-blind see colors differently. (a) Those with normal vision see the red leaves.
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately