Which One of the Following Statements Is NOT True

question 156

Multiple Choice

Which one of the following statements is NOT true?

• A) The classical model assumes that people suffer from money illusion.
• B) The classical model assumes that people are motivated by self-interest.
• C) The classical model assumes that pure competition exists.
• D) The classical model assumes that no single seller of a commodity can affect its price.

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Definitions:

Avoid Conflict

The practice or strategy of preventing or minimizing disputes, disagreements, or confrontations.

Positive Thinking

A mental attitude focusing on optimism and constructive outcomes, which can influence one's stress level and overall health.

Conflict Resolution

The process of resolving disputes or conflicts through communication, negotiation, or other means.

One Side

Typically refers to considering or taking into account only one aspect or perspective of a situation or argument, often leading to a biased or incomplete understanding.