Which of the following is one source of disagreement between economists?
A) Some facts about the economy are unknown.
B) Economists differ in their political persuasions.
C) Economic theory may not always give an unambiguous answer to a question.
D) Solving one problem may make another problem worse.
E) All of the above are correct.
Correct Answer:
Verified
Q160: Economics is a social science in the
Q163: Economists use models in order to
A)experiment with
Q164: Economics is a social science rather than
Q165: A useful economic model
A)deals only with possibilities
Q168: Why do economists tend to create models
Q181: Economic theory
A)is a deliberate simplification of factual
Q190: A theory is an abstraction used often
Q191: Is it possible to express an economic
Q195: Economic theory is a necessity, not a
Q207: Economic models
A)are always based on realistic assumptions.
B)usually
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