Economics Does Not Study Correct or Incorrect Behaviors but Rather

question 198

Multiple Choice

Economics does not study correct or incorrect behaviors but rather it assumes that economic agents behave ________, meaning they make the best decisions given their knowledge of the costs and benefits.

• A)equitably
• B)rationally
• C)emotionally
• D)selfishly

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Definitions:

Nervous System

is the complex network of nerves and cells that transmit signals between different parts of the body, facilitating bodily functions and responses.

REM Sleep

Rapid Eye Movement (REM) Sleep is a stage of sleep characterized by quick, random movements of the eyes, dreaming, and increased brain activity.

Sleep Terrors

Intense episodes of fear that occur during deep sleep, often characterized by screaming, kicking, confusion, and no memory of the event upon waking.

Nightmares

Frightening dreams that occur during REM sleep, often in the morning hours.