Because of the doubts expressed by proponents of behavioral economics, most economists no longer apply the assumption that people behave as if they act rationally with an aim to maximize utility. True / False.

Decribe all the number that when rounded to the nearest thousand are 645.000

Which of the following statements describes the nature of "stigma" as it relates to welfare? a) society values individual characteristics such as self-reliance and a willingness to work hard, welfare recipients are seen as dependent and lazy. b) social welfare hs been polarized as a "moral category", and its related policy includes treating the poor in a dignified manner, as to highlight the responsible nature of the welfare recipents. c) the norm of reciprocity explains the societal obligation to make some return for the things received, welfare recipents are stigmatized because they are able to be seen as making appropiate contributions for the benefits they incur. d) the capitalistic nature of u.s. society stresses that those who work hard and have the ability will be rewarded with success, welfare recipients are equal to those who do not receive welfare because both groups of people deserve the benefits of success.

Give an example of a situation in which an individual's pursuit of economic self-interest may not benefit but instead harm the rest of society