________ Is the Field of Economics That Studies How Human

question 92

Multiple Choice

________ is the field of economics that studies how human psychology influences the decision-making process.

• A) Public finance
• B) Psychology
• C) Behavioral economics
• D) Sociology
• E) Macroeconomics

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Definitions:

Social Egalitarianism

A philosophy advocating for equal rights and opportunities for all people within society.

Libertarianism

A political philosophy that emphasizes freedom, autonomy, and voluntary association, with a scepticism of authority and state power.

Kohlberg's Schematic Analysis

A psychological framework developed by Lawrence Kohlberg that categorizes moral development into stages, used to analyze the moral reasoning behind decisions and behaviors.

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.