Economists Assume That Individuals

question 81

Multiple Choice

Economists assume that individuals

• A)behave in unpredictable ways.
• B)will never take actions to help others.
• C)prefer to live in a society that values fairness above all else.
• D)are rational and respond to incentives.

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Definitions:

Circulatory System

The body system responsible for the transport of blood, nutrients, gases, and wastes, including the heart and blood vessels.

Other Competencies

Additional skills, abilities, and knowledge that contribute to an individual's or group's capacity to perform effectively in various tasks or roles.

Curious Skill

The ability to show eagerness to know or learn something, often leading to exploration and discovery.

Honest Responses

Answers or reactions that are sincere and truthful, free from deceit or falsehood.