Behavioral Economists Have Discovered That

question 45

Multiple Choice

Behavioral economists have discovered that

• A) transitivity of preferences always holds, even in animals.
• B) the law of demand does not hold in controlled experiments.
• C) transitivity of preferences does not always hold, especially for young people.
• D) reflexivity of preferences is not true.

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Definitions:

Al Qaeda

An international terrorist organization founded by Osama bin Laden, responsible for numerous attacks, including the September 11, 2001 attacks on the United States.

September 11 Attacks

A series of terrorist attacks by al-Qaeda on the United States on September 11, 2001, leading to significant global impacts.

Anita Hill

An American lawyer and academic who gained national attention in 1991 when she accused U.S. Supreme Court nominee Clarence Thomas of sexual harassment.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or other professional or social situations.