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41. Which statement best describes the basic premise of behavioral economics? (LO 15-8) a) The amount of effort people will expend to resist being stripped
41. Which statement best describes the basic premise of behavioral economics? (LO 15-8) a) The amount of effort people will expend to resist being stripped of something they already possess is significantly larger than the effort they will devote to acquiring something they don't already have. b) To give is better than to receive. c) By pursuing his or her own self-interest, a business owner frequently promotes that of the society more efficiently than when he or she really intends to promote it. d) Because individuals are much better judges than the government of how their earnings should be spent, we need to sharply reduce the personal income tax
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