People act in their own self interest, meaning that all they think about is themselves.
When economists say that people act rationally in their self interest they mean that
answer- longer than a year
it is par day wage
The possessive form of the plural noun economists is economists'.example: All of the economists' predictions are for improvement in the next quarter.
economists have classified input as
What do economists call elasticity?
Economists Salary: American Dollars: Corporate Economists$88,428 - $132,846 Academic Economists (New Phd) $94,006 British Pounds: Corporate Economists £47,832.53 - £72,411.42 Academic Economist ( New Phd) £50,882.24
Economists Salary: American Dollars: Corporate Economists$88,428 - $132,846 Academic Economists (New Phd) $94,006 British Pounds: Corporate Economists £47,832.53 - £72,411.42 Academic Economist ( New Phd) £50,882.24
Economists generally support international trade.
Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.
When economists say that people act rationally in their self interest they mean that
Economists use the word equity for fairness