Answer:
People behavior with lump sum amount:
The experimental evidence shows that people always expect to be treated fairly. When people are treated unfairly, then they will reject the offer regardless of the value of money. Thus, the statement that "should not generalize the evident resulted from $10 experiment. When the size of money is large then people will react differently from the evidence" is false.
Answer:
Too much globalization is lack of resources which leads to more disease and death
Answer:
b. works better at correcting inflationary gaps than recessionary gaps.
Explanation:
The self correcting mechanism is a automatic process in which the aggregate market eliminates an inflationary gap created by a short-run equilibrium that is greater than full employment through increases in wages and other resource prices.
The purchases discount account or discounts received account.
