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?39views
- Multiple ChoiceWhich of the following is an assumption made by rational choice theory?34views
- Multiple ChoiceAccording to economic models of rational behavior, how is voter turnout explained?18views
- 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?47views
- Multiple ChoiceWhat do economists mean when they say that behavior is rational?33views
- Multiple ChoiceWhich of the following assumptions best reflects a basic understanding economists have about the world?43views
- Multiple ChoiceWhich of the following is most accurate about economists' view of purposeful behavior?41views
- Multiple ChoiceTo apply the classical viewpoint in microeconomics, you must assume that people are rational and32views
- Multiple ChoiceEconomists assume that people are rational in the sense that:52views
- Multiple ChoiceEconomic reasoning is based on the premise that:26views
- Multiple ChoiceWhich of the following best describes the rational rule for buyers in microeconomics?50views
- Multiple ChoiceWhy do neoclassical economists make unrealistic assumptions about human capabilities when modeling economic behavior?38views
- Multiple ChoiceEconomists assume that individuals:52views
- Multiple ChoiceWhich of the following statements about the idea that people are rational is correct?39views