Juanita Is Preparing to Study for Her Economics Final Exam

question 276

Multiple Choice

Juanita is preparing to study for her economics final exam. She tells her friend that she will be happy if she just gets a B, even though she could likely earn an A if she studied harder. Juanita is what Herbert Simon would call a

• A)rational maximizer.
• B)satisficer.
• C)homo economicus.
• D)screener.

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Definitions:

Human Agency

The capacity of individuals to act independently and make choices, influencing their environment and their own lives.

Reciprocal Determinism

The theory that a person's behavior is both influenced by and influences their personal factors and the environment.

Reciprocal Determinism

Albert Bandura’s theory stating that a person’s behavior both influences and is influenced by personal factors and the social environment.

Bandura's Theory

A psychological framework developed by Albert Bandura that emphasizes the importance of observation, imitation, and modeling in learning.