Multiple Choice
The following are major observations made by behavioral economists regarding human behavior, except
A) workers tend to spend and consume too much in the present, thus not saving enough for retirement.
B) people tend to stick with the default option when faced with various alternatives.
C) people behave in ways that seem irrational at first glance, but are really rational.
D) people often intentionally act in irrational ways.
Correct Answer:
Verified
Correct Answer:
Verified
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