Which of the Following Best Describes an Assumption Economists Make

question 100

Multiple Choice

Which of the following best describes an assumption economists make about human behavior?

• A)They assume that individuals act rationally all the time in all circumstances.
• B)They assume that rational behavior is useful in explaining choices people make even though people may not behave rationally all the time.
• C)They assume that people take into account the question of fairness in all decisions they make.
• D)They assume that individuals act randomly.

---

Definitions:

Definitions and Interpretations

involves the process of explaining the meaning of concepts, words, or symbols and how they are understood in various contexts.

Symbolic Interactionists

Scholars and researchers who study how individuals interact and give meanings to objects, events, and behaviors through language and symbols.

Family Violence

A pattern of abusive behaviors by one or more members of a family towards another, encompassing physical, sexual, emotional, and psychological abuse.

75 Percent

A numerical value or percentage that can refer to various things depending on the context, generally indicating three-quarters of a total amount.