In economics,the idea that individuals respond predictably to opportunities to advance their self-interest is known as the ________ assumption.
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Q46: Macroeconomists study
A)changes in unemployment levels.
B)changes in the
Q47: Macroeconomists study which of the following?
A)the impact
Q48: Economists typically assume people act as if
Q49: If people make their choices rationally,then
A)the behaviour
Q50: Economists assume people behave rationally.Rationality means that
Q52: In his book "An Inquiry into the
Q53: Macroeconomics is best defined by which of
Q54: One topic of study for a microeconomist
Q55: A decision made by a rational individual
A)never
Q56: In building economic models,economists assume people behave
A)instinctively.
B)rationally.
C)irrationally.
D)greedily.
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