Which of the Following Principles Is Not One of the Four

question 239

Multiple Choice

Which of the following principles is not one of the four principles of individual decisionmaking?

• A) People face tradeoffs.
• B) Trade can make everyone better off.
• C) People respond to incentives.
• D) Rational people think at the margin.

---

Definitions:

American Society

Refers to the social structure, cultural norms, and collective behaviors prevalent within the United States.

Affordable Health Care Act

A U.S. federal statute enacted in 2010 aimed at expanding access to health insurance, reducing health care costs, and improving health care quality.

Subsidized Coverage

Financial assistance provided by government or organizations to help individuals afford health insurance or other forms of necessary insurance.

Penalized

Subjected to a penalty or punishment for an offense or infringement of rules.