3) Which of the following terms identifies something that 3) macroeconomists would study but that microeconomists would NOT? A) aggregates B) incentives BOX C) resources D) rationality 4) When we say that an individual behaves according to "rational self- 4) interest," we mean that this individual A) will always buy the cheapest products available on the market. taboogoes B) is making choices that they believe will leave him/her better off. dreboog cut () C) will always buy the most fashionable items available. D) is motivated by greed. 5) Ceteris paribus means 5) A) "some theories are not rational." B) "other things being equal." C) "some assumptions must be accepted without proof." D) "all variables are independent." 6) Normative economic statementsog nohowbing or ninglliw vol 6) had a themoverming A) are statements of "what ought to be." B) are statements of "what is." C) do not involve value judgments. browni (a D) are statements that may be tested by referring to facts and data. 7) Scarcity exists because 7)us tonoble A) there is a shortage of qualified workers throughout the world.oige somtouboog til B) there is a shortage of goods caused by war. C) there is a disruption in the distribution of goods caused by bad il heard intimmovin na ( weather. D) there are not enough resources available to produce all the goods unimagin that people want. boog didliye