Economists believe that
A) people who choose to promote the interests of others cannot be acting rationally in their own self-interest
B) people show concern only for those whom they know personally
C) charitable donations would disappear if tax deductions for charitable giving were eliminated
D) the notion of self-interest rules out concern for others
E) concern for the welfare of others is consistent with the concept of self-interest
Correct Answer:
Verified
Q74: In economics, the term "marginal" usually refers
Q75: To say that people make marginal decisions
Q76: Economists generally believe that
A)buyers and sellers have
Q77: Economic decision makers will continue to acquire
Q78: When economic choice involves an adjustment to
Q80: Economists believe that people respond in a
Q81: A good economic theory
A)has realistic assumptions
B)contains as
Q82: Macroeconomics is the study of
A)the behavior of
Q83: All economic models must involve simplifications because
A)economists
Q84: Economic theories are
A)useful because they are as
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