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When Neoclassical Economists Assume That Individuals Are Rational, They Mean

Question 28

Multiple Choice

When neoclassical economists assume that individuals are rational, they mean that people


A) rarely show emotion.
B) are generally unselfish and self-sacrificing.
C) make purposeful choices based on their own self-interest.
D) make impulsive decisions based on what feels good at the time.

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