Multiple Choice
Self-interest
A) implies that a person must try to increase wealth at all times.
B) implies that people will not give away wealth.
C) is consistent with many goals that people pursue, including betterment of others.
D) applies only to people in market settings.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: Behavioral economics deals with<br>A) the assumption that
Q19: Economics is the study of<br>A) how to
Q20: "Ceteris paribus" assumption means<br>A) the role of
Q21: Which of the following is NOT one
Q22: In economics<br>A) both resources and wants are
Q24: According to economists, when two people make
Q25: Jane is currently developing a model to
Q26: One major assumption of economics is that
Q27: Which of the following is NOT a
Q28: The economic way of thinking will help