Which of the Following Is True

question 187

Multiple Choice

Which of the following is true?
i.A rational choice is always made in the pursuit of social interest.
ii.Economics is a social science.
iii.Economists try to understand how the economic world works by testing positive statements.

• A) ii and iii
• B) Only i
• C) Only ii
• D) Only iii
• E) i and ii

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Definitions:

Circular Reactions

Repetitive actions observed in developmental psychology, especially in infants, where a particular action leads to a result that encourages the infant to repeat the action.

Interpretative Reactions

Responses or interpretations by individuals or groups to events or situations, often influenced by their own experiences, attitudes, and beliefs.

Fraternal Deprivation

A feeling of discontent experienced by individuals when perceiving that their group unfairly receives less resources or opportunities compared to other groups.

Egoistic Deprivation

A feeling of lacking personal resources or benefits that one believes they deserve, leading to dissatisfaction or resentment.