What according to an economist,forms the basis of rational human behavior under current and anticipated future circumstances?
A) Scarcity and rarity
B) Opportunities and pay-offs
C) Values and information
D) Legal consequences
Correct Answer:
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Q82: Macroeconomics primarily examines:
A)the behavior of individual households
Q85: Microeconomic topics do not usually include:
A)how wages
Q86: Microeconomics differs from macroeconomics in that:
A)microeconomics studies
Q88: When making decisions,economists believe that individuals act
Q88: The branch of economics that studies the
Q89: A person behaving rationally will attempt to:
A)
Q91: Economists believe that individuals act as if
Q92: From an economists' perspective, which of the
Q94: When economists assume that people act rationally,
Q98: Microeconomic topics do not usually include:
A)the impact
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