Economics: Types, Sectors, Branches

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41. Which branch of economics studies the behavior and decision-making of individuals and firms in the context of risk and uncertainty?
a) Microeconomics
b) Macroeconomics
c) Risk economics
d) Development economics

Answer: c) Risk economics
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42. Which branch of economics focuses on the analysis of economic decision-making in the context of social justice and fairness?
a) Microeconomics
b) Macroeconomics
c) Social justice economics
d) Development economics

Answer: c) Social justice economics
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43. Which branch of economics studies the behavior and decision-making of individuals and firms in the context of time and intertemporal choices?
a) Microeconomics
b) Macroeconomics
c) Time economics
d) Development economics

Answer: c) Time economics
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44. Which branch of economics focuses on the analysis of economic decision-making in the context of urban and regional development?
a) Microeconomics
b) Macroeconomics
c) Urban economics
d) Development economics

Answer: c) Urban economics
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45. Which branch of economics studies the behavior and decision-making of individuals and firms in the context of incentives and rewards?
a) Microeconomics
b) Macroeconomics
c) Incentive economics
d) Development economics

Answer: c) Incentive economics
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