Which of the following is not an assumption of rational choice theory?

Individuals act rationally.

Individuals act in their collective interest.
Individuals have sufficient information to make rational choices.
Preferences are transitive.
None of the answers are correct.
According to rational choice theory, when we make a decision we consider the benefit or use we will get from
something as part of our decision-making process. This is known as _____.
Utility
Motivation
Rationality
Reward
Which of the following is a major assumption underlying rational choice theory?
 Rational choice theory assumes that people are irrational and generally make decisions that
minimize reward while maximizing cost
 Rational choice theory assumes that people are ultimately self-interested and any choices we make
will harm the greater good
 Rational choice theory assumes that people will make decisions based on maximizing the common
good even if it means acting irrationally
 Rational choice theory assumes that individuals are rational actors who always make
choices based on maximizing self-interest
The theory that people make economic choices based on their own self-interest is called what?
Self-interest theory
Rational choice theory
Altruistic choice theory
Chaos theory
In a college class of 100 students, the professor asks the students if they would prefer a candy bar or ball-point pen
as part of an experiment. 50 students indicate a preference for candy bars. The other 50 students prefer a ball-
point pen. He gives out 50 ball-point pens and 50 candy bars randomly to the students. Because the process is
random some students receive their preferred item while others do not. According to the theory of rational choice,
if students were given the option of trading what would we expect to see in terms of student trading candy bars
and ball-point pens?

 No trading would occur.

 Because there is enough of the candy bars and ball-point pens to meet the exact preferences
of every student, we would expect those students who didn't receive their preferred item to
trade with each other. In the end everyone would receive their preferred item.
  We would expect students who did receive their preferred item to give it away to others who didn't
receive their preferred item.
 Because people make random choices, there isn't a way to make prediction about what would
happen.
Which of the following BEST describes the importance behind the rational choice theory?

 Understanding why people decide to make choices on how to spend their resources is an
important building block for more complex economic theory.
 Rational choice theory is not very widely accepted in economic theory.
 Understanding whether someone is making the right choice on how to spend their resources is important
to economists.
 People are random in their economic choices so rational choice theory is not an important economic
theory.

These are normally established and constituted by binding laws, regulations and legal orders which prescribe what
may or may not be.
a. Institutions b. Formal institutions c. Informal Institutions d. none of these
These are constituted by conventions, norms, values and accepted ways of doing things, whether, economic,
political or social.
a. Institutions b. Formal institutions c. Informal Institutions d. none of these

Is a collection of movements and ideologies aimed at defining, establishing, and defending equal political,
economic, and social rights for women.
a. Phenomenology b. environmentalism c. institutionalism d. feminism
Feminist theory has developed in three waves. In what wave focused on suffrage and political rights.
a. First wave b. Second wave c. Third wave d. none
In what wave of feminist theory emphasized globalization, post colonialism, post structuralism and post
modernism.
a. First wave b. Second wave c. Third wave d. none
Is a qualitative research methodology that arose out of and remains closely tied phenomenological philosophy.
a. Hermeneutical c. hermeneutical phenomenology
b. Phenomenology d. hermetic idea
It is based on discovering the objective universal essences of lived experiences and communicating them through
pure description.
a. Interpretive c. phenomena
b. Descriptive phenomenology d. interpretive phenomenology
Hermeneutic means ____________________________.
a. To interact b. to interpret c. to understand d. to gain knowledge
What are some of the types of human activity that have negative environmental impacts?
Children playing, owning pets, and shopping at farmer's markets
Reforestation, organic farming, and sustainable development
Deforestation, mining, farming, and development
Reforestation, tree plantations, roof top gardening, and permeable roadways
What are some examples of ecological conservation efforts that can diminish the effects of human environmental
impacts?
Habitat fragmentation, dams, and overharvesting
Wildlife corridors, sanctuary zones, and urban gardening
No poaching laws, industrial farming, and deforestation
Wildlife roads, zoos, and national parks
Is concerned with people who live in different environment, their activities and the environmental features.
a. Environmental system
b. Human-environment system
c. Community system
d. Society
It relates to how humans modify themselves, their lifestyle and their behaviour to live in a new environment with
new challenges.
a. Dependency b. system c. adaptation d. interaction
Explores the way in which humans are dependent on nature for a living.
a. Adaptation b. dependency c. interaction d. system
The resources that earth or people can replace.
a. Renewable resources c. natural resources
b. Non-renewable resources d. source
____________ have the capacity to interact with its environment
a. Environment b. human c. nature d. none of these

This indigenous Filipino trait is the regard for the dignity of others and being with them.
a. Katapatan b. Pakikipagkapwa-tao c. Family orientatiom
Is a common expression among Filipinos which rests on the fatalistic outlook and strong dependence on spirits.
a. Katapatan b. Family Orientation c. Bahala na
It is a technique of reciprocity of debt of gratitude to others within the family circle or primary group, sometimes
unlimited in nature, emotional rather than financial or rational.
a. Utang na loob
 b. Hiya
c. Pakikisama
d. Bahala na
It refers to the set of values or the value system that majority of the Filipino have historically held in their lives.
a. Belief system
b. Filipino values
c. Cultural values
d. Values
_____________ refers to the psychology born out of the experience, thought and orientation of the Filipinos based on
the full use of Filipino culture and language.
a. Social science
b. Sikolohiyang Pilipino
c. Contemporary arts
d. None of these are correct
Who is the father of Sikolohiyang Pilipino?
a. Jose Rizal
b. Virgilio Enriquez
c. Apolinario Mabini
d. Isabelo delos Reyes
Which of the following is an indicator of the nation’s macroeconomic health which suggests that the Philippines is
in a better state to absorb the impact of the global meltdown?
a. Lenders and investors are staring to look more favourably at the Philippines
b. The nation’s cash position is relatively healthy
c. The nation is spending less than what it is earning.
d. All of these are correct