Economists believe that individuals act as if they are motivated:
A) primarily by the opinions of their peers.
B) primarily by human emotions.
C) primarily by self-interest.
D) only by concern for the larger community.
Correct Answer:
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Q90: The branch of economics that focuses on
Q91: Microeconomics primarily models:
A)the overall economy.
B)the behavior of
Q92: From an economists' perspective, which of the
Q93: Macroeconomic topics do not generally include:
A)inflation.
B)aggregate demand.
C)government
Q94: When economists assume that people act rationally,
Q96: When making decisions, economists believe that individuals
Q97: The branch of economics that focuses on
Q98: Microeconomic topics do not usually include:
A)the impact
Q99: The determination of prices in the market
Q100: Most of economic analysis assumes that most
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