Economic Analysis Assumes That

question 72

Multiple Choice

Economic analysis assumes that

• A) individuals act only out of selfish motives.
• B) although individuals are at times selfish and at times unselfish, only their selfish actions may be predicted.
• C) people are basically humanitarian, and their actions are, therefore, impossible to predict.
• D) changes in the personal benefits and costs associated with a choice will exert a predictable influence on human behavior.

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Definitions:

Asymmetric Conflict

A conflict where the parties involved possess unequal military resources or capabilities, often leading to non-traditional tactics to balance power differences.

Positive

Positive refers to characteristics, events, or outcomes that are beneficial, favorable, or desirable.

Negative Consequences

Undesirable outcomes that result from an action or decision, potentially acting as a deterrent for future similar actions.

Approach-Avoidance Conflict

A psychological struggle occurring when a goal is both appealing and disconcerting to an individual.