In General,which of the Following Statements Is an Accurate Description

question 123

Multiple Choice

In general,which of the following statements is an accurate description of economists' assumptions about households? Households

• A)make consistent decisions,maximize utility,and are the principal owners of the factors of production.
• B)do not make consistent decisions,maximize satisfaction,and are the principal owners of the factors of production.
• C)make consistent decisions,maximize profits,and are the principal users of the factors of production.
• D)do not make consistent decisions,maximize profits,and are the principal users of the factors of production.
• E)make consistent decisions,maximize savings,and are the principal users of the factors of production.

Understand how changes in owners' equity reflect on the firm's financial status.

Describe the operating capability and how it affects a company's performance.

Identify and classify current liabilities on a balance sheet.

Differentiate between short-term investments and long-term investments.

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Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Self-fulfilling Prophecy

A belief or expectation that influences behaviors in a way that causes that belief to become true.

Learned Helplessness

A condition resulting from a person or animal learning that their actions have no effect on the environment, leading to a lack of motivation or depression.

Stereotype Threat

The risk of conforming negatively to a stereotype about one's group, which can diminish performance in affected individuals.