The Assumption That Individuals Act Rationally Implies That

question 107

Multiple Choice

The assumption that individuals act rationally implies that

• A)people think only of themselves and disregard the well-being of others
• B)people undertake all those activities that yield benefits to themselves
• C)people only consider the costs of an activity to decide whether it is worthwhile
• D)the greater the cost of a charitable deed to a benefactor, the more likely he or she is to perform that deed
• E)people implicitly calculate the costs and benefits of an activity to decide if it is worthwhile

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Definitions:

Largest Immigrant Group

The most numerous population of immigrants in a particular region or country, often characterized by shared nationality, ethnicity, or cultural background.

Latinos

A term referring to individuals from, or with ancestry from, Latin American countries, residing especially in the United States.

Asians

People originating from or associated with the continent of Asia, often used in contexts related to demographics, culture, or identity.

Indian Casinos

Gambling facilities owned and operated by Native American tribes under the regulatory framework of the Indian Gaming Regulatory Act in the United States.