According to the Text, Standard Economic Models, Based on Self-Interest

question 32

Multiple Choice

According to the text, standard economic models, based on self-interest where calculations appear to be made for every decision,

• A)are accurate descriptions of human behavior and the motivations that drive it.
• B)describe the motivations of people but fail as useful predictors of behavior.
• C)provide good predictions of behavior even if they don't describe what actually happens.
• D)are often criticized by other social sciences that use less formal modeling.

---

Definitions:

Status

A person's position or rank in relation to others, often determined by social or professional factors.

Career Consolidation Period

A life stage in which individuals focus on establishing their careers, often prioritizing work achievements and stability.

Tentative Period

A stage in career development where individuals explore various occupational options through coursework, hobbies, or work experiences, typically occurring during adolescence.