What is the difference between self-interest and selfishness

Assignment Help Macroeconomics

Reference no: EM131442681

Answer the following questions:

a. What is the difference between self-interest and selfishness?

b. Why does inaction have consequences?

c. Why are observation and prediction more difficult in economics than in chemistry?

d. Why do economists look at group behavior rather than individual behavior?

Reference no: EM131442681

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