Solved

Economists Believe That Only a Small Part of Human Behavior

Question 48

True/False

Economists believe that only a small part of human behavior can be explained and predicted by assuming that most people act as if they are motivated by their own self-interest in an effort to increase their expected personal satisfaction.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q43: Economists assume that most individuals act as

Q44: "Ceteris paribus" means:<br>A)​if events A and B

Q45: A microeconomist would most likely study the

Q46: Which of the following is an example

Q47: Measuring the rate of inflation is primarily

Q49: Most of economic analysis assumes that most

Q50: "Employment fell last month to its lowest

Q51: Macroeconomic topics do not generally include:<br>A)​inflation.<br>B)​aggregate demand.<br>C)​government

Q52: Economists believe that most people's actions are

Q53: To be a positive economic statement, an