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People act in their own self interest, meaning that all they think about is themselves.
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When economists say that people act rationally in their self interest they mean that individuals what?
When economists say that people act rationally in their self interest they mean that
What do economists mean by longterm?
answer- longer than a year
What do economists mean by the term sticky wage?
it is par day wage
What is the possessive form of economists?
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?
economists have classified input as
What do economists call elasticity?
What do economists call elasticity?
How much do economists?
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
How much do economists earn?
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
What do economists generally support?
Economists generally support international trade.
What are people who develop ideas that explain how the economy works known as?
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.
Which word do economists use for fairness?
Economists use the word equity for fairness
When was Political Union of Economists created?
Political Union of Economists was created in 1994.
