Multiple Choice
The assumption that people do not intentionally make decisions that would leave them worse off is known as
A) the rationality assumption.
B) the microeconomic assumption.
C) the ceteris paribus assumption.
D) the normative assumption.
Correct Answer:
Verified
Correct Answer:
Verified
Q70: Which of the following is NOT normative
Q126: Self-interest<br>A) relates strictly to material well-being, such
Q130: Why is economics called an empirical science?<br>A)because
Q133: The "paired observation" of (14, 6)means<br>A)x =
Q134: To test their theories, economists usually have
Q136: A relationship between two variables in which
Q137: Ceteris paribus means<br>A)making all the necessary changes.<br>B)other
Q138: John has an economics test tomorrow. He
Q139: A difference between biology and economics is
Q260: What is meant by saying that economics