Neoclassical economics assumes the following as major motivators of decisions and actions, except:
A. Utility maximization
B. Loss minimization
C. Sense of fairness
D. Self-interest
C. Sense of fairness
Economics
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Checks ________ money and checking deposits ________ money
A) are; are B) are; are not C) are not; are D) are not; are not
Economics
When we study choice architecture, we recognize that people make:
A. choices which always maximize their well-being. B. mistakes in seemingly random ways. C. mistakes in common and predictable ways. D. choices that rarely maximize their well-being.
Economics