When constructing economic models, economists are more concerned with
A) what people say than what they do.
B) what people think than what they need.
C) what people do than what they say.
D) what people say than how they act.

Question

Quizplus · Accepted Answer

Economists are more concerned with what people do as opposed to what they say or think. This is because actions provide more reliable data for economic analysis, while intentions and verbal statements may not always be reflected in actual behavior.

When Constructing Economic Models, Economists Are More Concerned with