When we say that an individual behaves according to "rational self-interest," we mean that this individual
A) is motivated by greed.
B) will always buy the most fashionable items available.
C) never considers the well being of any other individual.
D) is making choices that he or she believes will leave him or her better off.
Answer: D
Economics
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In a two country world, at least one country must lose from trade
Indicate whether the statement is true or false
Economics
As a general rule,
a) large economies tend to be more open than small economies b) small economies tend to be more open than large economies c) small economies tend to export more services than goods d) small economies tend to have greater diversity of exports than large economies e) small economies tend only to trade with each other, and large economies tend to do the same
Economics