Economic Theory Indicates That the Behavior of

question 149

Multiple Choice

Economic theory indicates that the behavior of

• A) government employees differs from the behavior of employees in the private sector because government employees generally disregard their own personal self-interest when making decisions.
• B) elected public officials differs from the behavior of all other individuals in society because they are not influenced by private interests.
• C) individuals when they make decisions about who to vote for is very different from the behavior of these same individuals when they make other types of choices.
• D) voters, government employees, and public officials is best understood by applying the same basic principle we use to predict the behavior of people in the private sector--that incentives matter.

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Definitions:

Danger Avoidance

Danger avoidance refers to behaviors or actions taken to evade potential threats or harmful outcomes.

Flavor Enhancement

The process of improving or intensifying the taste or aroma of food and drink products through the addition of ingredients or alteration of preparation methods.

Odorants

Chemical substances that are perceived by the sense of smell.

Olfactory Receptors

Specialized nerve cells responsible for detecting odors in the environment and initiating the sense of smell.