Which Statement BEST Describes Behavioral Economics

question 3

Multiple Choice

Which statement BEST describes behavioral economics?

• A) The average high school student spends $100 a week.
• B) A dieter on a fixed calorie diet must decide whether to eat several low-calorie meals or have a bowl of ice cream.
• C) An average college students spends more time studying than sleeping.
• D) If one allocates earnings, one can save enough for early retirement.

---

Definitions:

Résumé

A document summarizing an individual’s background, skills, and accomplishments, typically used for job applications.

Activities and Achievements

Refers to the actions undertaken and the milestones reached by an individual or organization.

Active Statement

A sentence structure in which the subject performs the action expressed by the verb, emphasizing the doer of the action.

Customer Complaints

Feedback from customers expressing dissatisfaction with a product or service.