If People Act as If They Systematically Pursue Their Own

question 173

Multiple Choice

If people act as if they systematically pursue their own self-interest, then they will most likely

• A) respond irrationally to any incentive.
• B) respond to a given incentive in a random manner.
• C) respond predictably to a given incentive.
• D) not respond to any incentive.

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Definitions:

Shoe Size

A numerical or alphabetical indication of the fitting size of a shoe for a person.

Educational Level

The highest degree or stage of formal learning or schooling that an individual has completed.

Annual Income

The total amount of money earned by an individual or organization in one year from all sources before taxes.

Positively Correlated

A relationship between two variables where if one variable increases, the other one also increases.