Multiple Choice
How do behavioral economists view people differently than traditional economists?
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0. Basic Principles of Economics
People Are Rational
Back0. Basic Principles of Economics
People Are Rational
- Multiple ChoiceWhich of the following scenarios best depicts a rational buyer according to microeconomic theory?29views
- Multiple ChoiceWhich of the following is an assumption made by rational choice theory?21views
- Multiple ChoiceAccording to economic models of rational behavior, how is voter turnout explained?11views
- Multiple ChoiceWhy is it important to be aware of whether you are a saver or a spender, according to the assumption that people are rational in microeconomics?39views
- Multiple ChoiceWhat do economists mean when they say that behavior is rational?22views
- Multiple ChoiceWhich of the following assumptions best reflects a basic understanding economists have about the world?35views
- Multiple ChoiceWhich of the following is most accurate about economists' view of purposeful behavior?30views
- Multiple ChoiceTo apply the classical viewpoint in microeconomics, you must assume that people are rational and23views
- Multiple ChoiceEconomists assume that people are rational in the sense that:39views
- Multiple ChoiceEconomic reasoning is based on the premise that:18views
- Multiple ChoiceWhich of the following best describes the rational rule for buyers in microeconomics?36views
- Multiple ChoiceWhy do neoclassical economists make unrealistic assumptions about human capabilities when modeling economic behavior?27views
- Multiple ChoiceEconomists assume that individuals:40views
- Multiple ChoiceWhich of the following statements about the idea that people are rational is correct?28views