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Author Question: A rational choice is one that A) must be made with perfect information. B) is made in the social ... (Read 90 times)

ARLKQ

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on: Jun 30, 2018
A rational choice is one that
 
  A) must be made with perfect information.
  B) is made in the social interest rather than the self-interest.
  C) creates no costs for the decision maker.
  D) always turns out for the best for the decision maker.
  E) uses the available resources to most effectively satisfy the wants of the person making the choice.

Question 2

The reference base period that the BLS uses to measure the CPI is
 
  A) 1998-2000. B) 2005. C) 1967-1969. D) 1982-1984. E) 1993-1995.


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asware1

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


ARLKQ

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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