________ is the field of economics that studies how experimental psychology influences the decision-making process.
A) Public finance
B) Psychology
C) Behavioral economics
D) Sociology
E) Macroeconomics

Question

Quizplus · Accepted Answer

Behavioral economics is the field of economics that studies how experimental psychology influences the decision-making process. It incorporates concepts from psychology to understand and predict human behavior when making economic decisions. This field has gained prominence in recent years as it helps explain why individuals and groups may make decisions that appear irrational from a traditional economic perspective.

________ Is the Field of Economics That Studies How Experimental