Which of the following is true?
I. A rational choice is always made in the pursuit of social interest.
Ii. Economics is a social science.
Iii. Economists try to understand how the economic world works by testing positive statements.
A)only i
B)i and ii
C)only ii
D)ii and iii
E)only iii

Question

Quizplus · Accepted Answer

Economics is a social science, and economists use positive statements to test and understand how the economic world works. Rational choices are not always made in pursuit of social interest.

Which of the Following Is True