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The Term "Homo Economicus" - Economic Man - Sums Up

Question 4

Multiple Choice

The term "homo economicus" - economic man - sums up the fundamental assumption national economy holds of humanity as:


A) an economist who manages a household on a tight budget
B) a person who is interested in finances
C) a male economist
D) a component who rationally reacts to various economic stimuli in the economic system
E) a rational entity whose calculated decisions maximize his or her personal utility

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