Incentives are
A) inducement to take a particular action.
B) ineffective as a device to get people to behave in a certain fashion.
C) inappropriate ways to obtain a certain kind of behaviour.
D) useless if people behave rationally.
Correct Answer:
Verified
Q56: In building economic models,economists assume people behave
A)instinctively.
B)rationally.
C)irrationally.
D)greedily.
Q57: A macroeconomist would be most likely to
Q58: Macroeconomics often relies on microeconomic analysis because
A)microeconomics
Q59: Economists typically assume people act as if
Q60: Another term for "aggregate" is
A)government.
B)partial.
C)public.
D)total.
Q62: The potential rewards available to an individual
Q63: When a particular choice is being considered,its
Q64: Which of the following sets of terms
Q65: Marginal benefit refers to
A)the additional benefit resulting
Q66: The opportunity cost of going to college
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents