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The Economics of Charity and Fairness Which branch of economics considers that economic agents do not always act rationally

The Economics of Charity and Fairness Which branch of economics considers that economic agents do not always act rationally

The Economics of Charity and Fairness

1) Which branch of economics considers that economic agents do not always act rationally?

A) Microeconomics

B) Macroeconomics

C) Behavioral economics

D) Econometrics

2) A majority of charitable contributions in the United States are usually to ________.

A) environmental causes

B) religious causes

C) basic necessities

D) educational purposes

3) ________ motivates charitable giving because individuals value helping others.

A) Pure altruism

B) Rationalism

C) Impure altruism

D) Consumerism

4) Jane contributes time and money for charity because she values helping others. This is an example of ________.

A) pure altruism

B) rationalism

C) impure altruism

D) liberalism

5) ________ motivates charitable giving because of selfish reasons, such as the appearance of generosity.

A) Pure altruism

B) Impure altruism

C) Consumerism

D) Rationalism

6) Jack refused to contribute money for building a public park when he was contacted individually. However, he readily agreed to donate when he was asked to contribute for a similar cause in front of his neighbors. Such behavior is an example of ________.

A) pure altruism

B) consumerism

C) rationalism

D) impure altruism

7) William was asked to contribute money for a retirement home. He agreed to contribute only if his name appeared on the list of donators in the newsletter published by the home every year. This is an example of ________.

A) rationalism

B) liberalism

C) impure altruism

D) pure altruism

8) La Dila Corp. decided to sponsor an AIDS awareness campaign when it came to know that its rival has been sponsoring several fund-raising events for AIDS afflicted children. This is an example of ________.

A) bounded rationality

B) pure altruism

C) impure altruism

D) consumerism

9) George donates money for charity only when somebody he knows approaches him for such donations. This is an example of ________.

A) rationalism

B) impure altruism

C) pure altruism

D) liberalism

10) Gary usually does not donate for charity. However, he donated money for an environmental awareness campaign launched by his friend. This is an example of ________.

A) rationalism

B) pure altruism

C) impure altruism

D) liberalism

abhinav behal 15-Feb-2020

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