Most of Economic Analysis Assumes That People's Actions Are

question 99

Multiple Choice

Most of economic analysis assumes that people's actions are:

• A) motivated by submerged emotional needs.
• B) driven by magnetic forces generated by planetary movements.
• C) motivated primarily by concern for the well-being of others.
• D) motivated by self-interest.

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Definitions:

Valid Syllogism

A form of deductive reasoning where, if the premises are true, the conclusion necessarily follows, demonstrating logical structure and soundness.

I Proposition

A type of categorical proposition in traditional logic that is particular and affirmative, stating that some members of the subject class are part of the predicate class.

Existential Import

The implication that a statement has because it suggests the existence of something.

Personal Transportation

Means of moving individuals primarily designed for personal use, such as cars, bicycles, or scooters.