One Reason Economists Began to Look at More Effective Coordination

question 63

Multiple Choice

One reason economists began to look at more effective coordination mechanisms is that they began to:

• A) use advanced calculus in their models.
• B) rely more heavily on deductive reasoning.
• C) focus more on people's predictably irrational behavior.
• D) focus more on the assumption that people are rational.

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Definitions:

Type A Personality

A behavior pattern characterized by competitiveness, urgency, aggression, and a constant struggle to achieve more in less time.

Calm

A state of peace and tranquility, free from agitation, excitement, or disturbance.

Proneness

The tendency or likelihood of experiencing a particular condition or event.

Anger

A strong feeling of annoyance, displeasure, or hostility.