Economics Is the Study Of

question 249

Multiple Choice

Economics is the study of:

• A) what is good and what is bad.
• B) how to make everyone rich.
• C) how to make the world most productive.
• D) trade-offs when making decisions.

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Definitions:

Positive Self-esteem

The feeling of holding oneself in high regard, characterized by confidence and satisfaction in one's own abilities and worth.

Defensive Self-esteem

A form of self-esteem that is fragile and dependent on external validation or success.

Self-serving Bias

The common tendency to attribute one's successes to personal characteristics and failures to external factors.

Defensive Self-esteem

A fragile form of self-respect that is highly sensitive to criticism and failures, often leading to a defensive stance to protect one's self-image.