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 (Please step by step solutions)

Personal Finance
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ISBN:9781337669214
Author:GARMAN
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Chapter1: Understanding Personal Finance
Section1.3: Think Like An Economist When Making
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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 (Please step by step solutions)
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