Traditional economics assumes that _____
A) people have willpower.
B) people have unbounded rationality.
C) people can explain certain economic decisions.
D) people make irrational choices and end up with bad outcomes.
E) people know what they want and try to make the most of what they have.
Correct Answer:
Verified
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A)lower wages with more
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A)people
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A)high-wage rates
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A)increase the supply of
Q151: Traditional economics assumes that _
A)people have willpower.
B)people
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Q154: Which of these is an example of
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