Self-interest relates to
A) only monetary objectives.
B) both monetary and nonmonetary objectives.
C) the ceteris paribus assumption.
D) normative economic analysis and not positive economic analysis.

Question

Quizplus · Accepted Answer

Self-interest refers to individuals' pursuit of their own goals and objectives, which can include both monetary and nonmonetary outcomes. It is a positive economic analysis, not normative, and does not necessarily assume ceteris paribus (all else being equal).

Self-Interest Relates to