Which is true about the art of scientific thinking?
A) it is easier with a solid mathematical background.
B) it is the ability to make an abstract subject easy to understand.
C) it involves deciding which assumptions to make.
D) it is not necessary to be an economist.
Correct Answer:
Verified
Q22: How do economists begin building an economic
Q32: What happens when scientists make good assumptions?
A)They
Q33: When studying the effects of public policy
Q34: What can good assumptions do?
A)cause economists to
Q35: Which of the following best describes the
Q36: Which of the following is NOT true
Q38: What are factors of production?
A)the mathematical calculations
Q39: When studying the effects of public policy
Q43: In the factors of production market, how
Q44: In the circular-flow diagram, which flows are
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