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Which of the following statements best describes Sultan Abdul Aziz?
Behavioral Economic Theories
A branch of economics that studies how psychological, social, and emotional factors affect economic decisions.
Rational Decisions
Choices made based on logical reasoning and objective analysis of available information and alternatives.
Behavioral Economics
A domain within economics focused on analyzing how elements such as psychology, cognition, emotions, culture, and societal factors impact choices related to the economy.
Biology
The scientific study of life and living organisms.
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