Behaviorists Have Provided the Most Thorough Account of Why People

question 95

Multiple Choice

Behaviorists have provided the most thorough account of why people

• A) are only moderately consistent in their behavior.
• B) become fixated at particular stages of development.
• C) are not influenced by the consequences of their behavior.
• D) tend to react with aggression when they are frustrated.

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Definitions:

Neoclassical Economics

A framework within economics that focuses on the determination of goods, outputs, and income distributions in markets through supply and demand.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.

Fairness

The impartial and just treatment without favoritism or discrimination; in economics, often related to equitable distribution of resources and opportunities.

Behavioral Economics

A field of study that analyzes the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.