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1、1. Economistsusebasicpsychologicalinsightsinthefieldofstudycalled a. psychologicaleconomics. b. transitionaleconomics. c. behavioraleconomics. d. socialeconomics.ANSWER: cDIFFICULTY: EasyREFERENCES: BehavioralEconomicsLEARNING OBJECTIVES: ECON.MANK.316-Recognizetherolepsychologyplaysinbehavior
2、aleconomics.KEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 001.22.3-MC-MANK082. Mosteconomicmodels a. incorporatetheassumptionofrationalbehavioronthepartofeconomicactors. b. incorporatethenotionthatpeopleareusuallyreluctanttochangetheirminds. c. aremeanttopreciselyduplicatereality. d. assumethatpeopleoft
4、omics a. integratespsychologicalinsightsintoeconomicmodels. b. reliesontheassumptionthathomoeconomicusdescribeseconomicdecision-making. c. assumesthateconomicagentshavefullinformationabouttheconditionssurroundingtheirdecisions. d. Alloftheabovearecorrect.ANSWER: aDIFFICULTY: ModerateREFERENCES:
5、 BehavioralEconomicsLEARNING OBJECTIVES: ECON.MANK.316-Recognizetherolepsychologyplaysinbehavioraleconomics.KEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 003.22.3-MC-MANK084. Wheneconomistsassumethatpeoplearerational,theyassumethat a. consumersmaximizeprofits. b. firmsmaximizerevenues. c. consumers
6、maximizeutility. d. firmsmaximizeoutput.ANSWER: cDIFFICULTY: ModerateREFERENCES: BehavioralEconomicsLEARNING OBJECTIVES: ECON.MANK.012-Applybasic,economicprinciplesofindividualdecisionmakingCopyrightCengageLearning.PoweredbyCognero.Page 20thatdeterminehowaneconomygenerallyworks.KEYWORDS: BLOO
7、M'S:ComprehensionCUSTOM ID: 004.22.3-MC-MANK085. Conventionaleconomictheoryassumesthatpeople a. careagreatdealaboutfairness. b. areinconsistentovertimeintheirdecisionmaking. c. arerational. d. aresatisficers.ANS