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Which of the Following Is Not True About New Institutional

Question 29

Multiple Choice

Which of the following is not true about New Institutional Economics?


A) It is made up of agents who use rational choice.
B) It examines how individuals within the household behave.
C) It considers how workers who are already employed make their decisions regarding how much or how hard to work.
D) It is a combination of law,economics,and organization.
E) It assumes agents have a limited ability to calculate the consequences of their actions.

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