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Madison data, GDP person

– Summarize the chapter in a paragraph.

– And answer one of the following questions (not both):

1. Do you think humans are rational? Why and why not? How rational are you? Please give specific examples.

2. According to the Madison data, GDP person (the national income per person) has been increasing in the last two hundred years. Do you agree with this in your personal life? In other words, do you feel wealthier compared to your parents? Provide evidence (your experience, other data, etc.) for your answer.