Multiple Choice
Can human beings always make rational decisions
A) No, it is not always rational in the real world, even though rationality is an important assumption in most economic models.
B) Yes, it is almost always rational in the real world, even though rationality is not an important assumption in most economic models.
C) Yes, it is less complex than is assumed in conventional economic theory.
D) No, in the real world, it has very little to do with either economics or psychology.
Correct Answer:
Verified
Correct Answer:
Verified
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