When making decisions,economists believe that individuals act rationally if they:
A) seek to improve their own situations and not try to anticipate future consequences of their actions.
B) only pursue the goals of the community.
C) try to anticipate future consequences and seek to improve their own situations.
D) always choose alternatives that offer the greatest financial reward.
Correct Answer:
Verified
Q82: Macroeconomics primarily examines:
A)the behavior of individual households
Q85: Microeconomic topics do not usually include:
A)how wages
Q86: What according to an economist,forms the basis
Q86: Microeconomics differs from macroeconomics in that:
A)microeconomics studies
Q88: The branch of economics that studies the
Q89: A person behaving rationally will attempt to:
A)
Q89: Measuring the rate of inflation is primarily
Q91: Economists believe that individuals act as if
Q92: From an economists' perspective, which of the
Q93: Macroeconomic topics do not generally include:
A)inflation.
B)aggregate demand.
C)government
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