Examlex
An example of an abstraction used in macroeconomics is
Rational Decision Making
A systematic, step-by-step process for making choices that is designed to result in the most optimal outcome.
Impulse Control
The ability to resist or delay an impulse, drive, or temptation to act and entails self-regulation and discipline.
Postconventional
A stage in moral development where individuals make decisions based on personal principles and the mutual benefit of all, beyond societal norms and conventions.
Social Norms
Social Norms are the unwritten rules that govern acceptable behavior in society or within particular social groups.
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