Anecdotal evidence comes from ________
A) research papers published in the past
B) online database and websites
C) subjective reports and stories that people tell
D) videos and photographs
E) archived manuscripts and reports
Answer: C
Explanation: C) Anecdotal evidence comes from subjective reports or stories that people tell. It is not scientific or verifiable evidence, but you may find accounts of other people's experiences useful in your research.
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Which of the following is a major reason why many economists remain critical of the infant industry argument?
A. It makes the domestic industry inefficient. B. It does not provide guaranteed employment for the citizens. C. It affects the standards of living and per capita income of the people. D. It promotes foreign direct investment. E. It leads to reduced prices in domestic markets.