A relatively new area in the field of economics called ________ economics studies people who appear to make choices that do not seem rational in an economic sense.
A) business-cycle
B) financial
C) behavioral
D) labor
E) entrepreneurial

Question

Quizplus · Accepted Answer

Behavioral economics studies how individuals make decisions and choices that are not always rational or consistent with traditional economic theories. This includes exploring factors such as emotions, cognitive biases, and social influences that can impact decision-making.

A Relatively New Area in the Field of Economics Called