The assumption that individuals will not intentionally make decisions that will leave them worse off is known as
A) microeconomic analysis.
B) macroeconomic analysis.
C) a model or theory.
D) the rationality assumption.
Correct Answer:
Verified
Q126: People respond to incentives
A) by ignoring negative
Q127: Which of the following is a TRUE
Q128: John has a math test tomorrow. He
Q129: The threat of a large fine for
Q130: Which of the following is always TRUE
Q132: Economists assume people behave
A) instinctively.
B) rationally.
C) irrationally.
D)
Q133: Self-interest relates to
A) only monetary objectives.
B) both
Q134: A decision made by a rational person
A)
Q135: Economists assume people are motivated by
A) unlimited
Q136: A possible rational reason why older people,
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