Self-Interest

question 126

Multiple Choice

Self-interest

• A) relates strictly to material well-being, such as a person's stock of wealth at a point in time.
• B) is measured entirely based on an individual's income, whether earned from labor or inherited.
• C) is inconsistent with economic analysis, which suggests that self-interest is irrational.
• D) can involve any action that makes a person feel better off, such as charitable contributions.

---

Definitions:

Unconscious Mind

The part of the mind that contains thoughts, memories, and desires that are not within our conscious awareness but influence behavior.

State of Mind

State of Mind refers to a person's mood or mental condition at a particular time.

Rorschach Inkblot Test

A projective psychological test consisting of ten inkblots printed on cards (five in black and white, five in color) used to assess an individual's personality structure and identify emotional disturbances.

Validity

The degree to which a notion, deduction, or assessment is solidly based and probably matches the reality accurately.