Evan goes out drinking every Thursday night, even though he tends to show up late for work and hung over on Friday. Why might Evan’s friends consider this behavior irrational? Why might an economist consider Evan’s behavior economically rational?

Evan goes out drinking every Thursday night, even though he tends to show up late for work and hung over on Friday. Why might Evan’s friends consider this behavior irrational? Why might an economist consider Evan’s behavior economically rational?

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter20: Building Theories To Explain Everyday Life: From Observations To Questions To Theories To Predictions

Section20.3: Observation/thought 1: The Birthrates In Varioys Countries Are Different

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