Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which economic theory argues that individuals act in their self - interest, leading to an efficient allocation of resources? a ) Keynesian economics b )

Which economic theory argues that individuals act in their self-interest, leading to an efficient allocation of resources?
a) Keynesian economics
b) Classical economics
c) Behavioral economics
d) Neoclassical economics

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Theory And Practice

Authors: Prasanna Chandra

8th Edition

0071078401, 978-0071078405

More Books

Students also viewed these Finance questions