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What Does Neoclassical Economic Theory Argue

Question 4

Multiple Choice

What does neoclassical economic theory argue?


A) Conflicting interests of two classes are one of the outcomes of capitalism.
B) Symbols and morals are important in the understanding of a society's economy.
C) The daily transactions people actually engage in to get what they need or desire are the "substance" of the economy.
D) People make decisions to allocate resources such as time, labor, and money in order to maximize their personal satisfaction.

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