Economic Theory Predicts That People Make Choices in a Manner

question 92

Multiple Choice

Economic theory predicts that people make choices in a manner that

• A) makes them well liked by others.
• B) makes them better off.
• C) reflects the fact that resources are unlimited.
• D) shows that they do not respond to monetary incentives.

---

Definitions:

Y Chromosomes

A type of sex chromosome, present typically in males, that is involved in sex determination; males have an XY genotype, while females have XX.

Sex Hormones

Chemical substances produced by the sex organs and adrenal glands that regulate sexual development and behavior, as well as reproduction.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Job Switch

The act of changing one's employment, including shifting industries, professions, or positions.