Examlex
Calculus is:
Rational Choice
A theory assuming individuals use logical calculations to make prudent decisions that provide them with the greatest benefit or satisfaction.
Facts
Data or information based on real occurrences or truths used for analysis, decision-making, or proving arguments.
Theories
Systematic ideas or principles formulated to explain phenomena, provide understanding, and predict future occurrences.
Macroeconomics
The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate phenomena such as GDP, unemployment rates, and inflation.
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