Economists tend to:
A)try to expand their understanding of human behaviour and society
B)ignore the workings of political institutions
C)tend to assume no hidden actions or characteristics when analysing insurance, labour and used car markets
D)all of the above

Question

Quizplus · Accepted Answer

Economists place a lot of emphasis on expanding their understanding of human behaviour and society, which means they do not ignore the workings of political institutions. They also tend to make assumptions about hidden actions and characteristics when analysing insurance, labour, and used car markets.

Economists Tend To