When Studying Individuals' Economic Behavior, Economists Assume That

question 275

Multiple Choice

When studying individuals' economic behavior, economists assume that

• A) individuals understand the rationale for all their actions.
• B) individuals act as if they were rational.
• C) only educated people act as if they were rational.
• D) self-interest is of limited relevance in predicting an individual's actions.

---

Definitions:

Obama Immigration

refers to the immigration policies and initiatives implemented during the presidency of Barack Obama, particularly those aimed at reform and the protection of undocumented youth.

Republican Supporters

Individuals or groups that endorse the Republican Party, its candidates, or its principles, typically in the context of U.S. politics.

Deport

To forcibly remove a person from a country, typically based on legal grounds or as a consequence of violating immigration laws.