Which of the Following Is an Example of a Rational

question 175

Multiple Choice

Which of the following is an example of a rational decision?

• A) DeShawn enjoys the feeling of wind in his hair enough to ride his motorcycle without a helmet, even though he fully realizes the potential for injury it creates by not wearing one in the unlikely event he is in an accident.
• B) Jayla, a burglar who breaks into houses, decides to break into the house at 265 Elm Street, rather than the house next door because the house next door has a sign in the yard that says "home protected by a security system."
• C) Nicolas, a drug user, chooses to buy his cocaine from Samuel, because Samuel's cocaine is as good as the cocaine from other dealers, but Samuel has lower prices.
• D) All of the above are examples of rational choices.

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Definitions:

Developed Capitalist Economies

Advanced economies with established financial markets, high levels of industrialization, and significant capital accumulation.

Allocating Resources

Refers to the process of distributing available resources among various competing needs and uses in an economy to achieve optimal outcomes.

Redistributing Income

A policy or process by which a government aims to adjust the distribution of income among its citizens, typically through taxation and welfare programs to reduce economic inequality.

China's Southern Provinces

Regions located in the southern part of China, known for their dynamic economies, coastal cities, and significant role in China's economic development.