Which Statement Is NOT One of the Four Principles That

question 88

Multiple Choice

Which statement is NOT one of the four principles that underlie individual choice?

• A)Choices are necessary because resources are scarce.
• B)Overall spending sometimes gets out of line with the economy's productive capacity.
• C)"How much" is a decision at the margin.
• D)People usually respond to incentives,exploiting opportunities to make themselves better off.

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Definitions:

Personal Relationships

Bonds or connections between individuals characterized by emotional significance, mutual benefits, and ongoing social interaction.

Closest Friends

Individuals with whom one shares a deep level of emotional intimacy, trust, and support.

New Friends

Individuals whom one has recently begun to know, forming bonds outside of existing social circles.

Positive Emotions

Emotions that are experienced as pleasant and contribute to one's overall well-being.