Economists tell stories -- like the vending machine story --
A)in order to breathe life into economic theory and personalize abstract ideas
B)because economics is an art, not a science
C)as a way of rigorously testing economic theory
D)because doing so is a required part of the scientific method
E)to show how their theory can predict at least one real-world situation

Question

Quizplus · Accepted Answer

Economists use stories to make economic theory more relatable and understandable to the general public. This personalization of abstract ideas helps to bring to life concepts that might otherwise be difficult to grasp.

Economists Tell Stories -- Like the Vending Machine Story --