I Know When I Shop at the Local Grocery Store,I

question 16

Multiple Choice

I know when I shop at the local grocery store,I am helping my community.Which economic principle does this statement BEST represent?

• A)People usually respond to incentives,exploiting opportunities to make themselves better off.
• B)There are gains from trade.
• C)One person's spending is another person's income.
• D)Overall spending sometimes gets out of line with the economy's productive capacity.

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Definitions:

Set Like Plaster

A theory suggesting that personality traits become fixed and less susceptible to change after a certain age.

Personality Development Research

The study of how personality traits and characteristics evolve and change over the course of a person's life.

Cohort Differences

Cohort differences refer to variations in characteristics, attitudes, or experiences among groups of individuals who were born around the same period.