Author Question: Adam Smith's behavioral assumption about humans was that people A) usually act in a rational, ... (Read 136 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
Adam Smith's behavioral assumption about humans was that people
 
  A) usually act in a rational, self-interested way. B) are consistently greedy.
  C) typically act irrationally. D) typically act randomly.

Question 2

The excess burden of a tax is also a deadweight loss.
 
  Indicate whether the statement is true or false


Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Answer to Question 1

A

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library