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) ii and iii C) only ii D) i and ii E) only iii
B
Economics
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Defining what money is:
A. is easier to do in the long run than in the short run. B. is the easiest, but least important part of monetary policy. C. is easy to do, which explains why monetary policy is so effective. D. isn't easy, and this makes monetary policy more difficult.
Economics
Which of the following goods or services are among top U.S. imports?
a. aircraft b. education c. computers d. soybeans
Economics