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Q2 DISS

Authored by Girlie Villamer

Education

11th Grade

Used 4+ times

Q2 DISS
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8 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A positive economy is based on individuals rationality and _________________.

Self-Interest

Choices

Behavior

Thinking

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

These are the unseen forces in Invisible hand theory.

Demand and rationality.

Supply and Demand

Supply and Economy

Demand and Liability

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

"People place greater value on some dollars than others, even though all dollars have the same value." Who said this?

Robert Thaler

Richard Gomez

Richard Taler

Richard Thaler

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the main goal of RTC?

To explain why individuals and small groups make certain choices, based on specific interest and rewards.

To make individuals and small groups make certain choices, based supply and demand.

To explain why individuals and larger groups make certain choices, based on specific costs and rewards.

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

He is the father of Modern Economics.

Adam Levine

Adam Sandler

Adam Smith

Adam Lambert

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The higher the supply the lower the demand, and the lower the demand the higher the supply.

TRUE

FALSE

7.

OPEN ENDED QUESTION

3 mins • 4 pts

Explain the Rational Theory using the Rational Actors, Self-Interest and Invisible hand.

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