Because Economists Have Varying Moral Beliefs and Different Views of the World

question 47

Multiple Choice

Because economists have varying moral beliefs and different views of the world,

• A)it is impossible for there to be anything scientific about economics.
• B)they will disagree on abstract issues.
• C)there are many different types of economic theories.
• D)they will agree more often than not on principles when discussed at an abstract level, but they will disagree on whether to apply these principles in real-world circumstances.
• E)economics can never be a science.

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Definitions:

Explanatory Style

An individual's habitual way of explaining events, especially the causes of adverse events, which can influence their psychological health.

Internal Attributions

The inference that a person's behavior is due to their own internal characteristics, such as personality, beliefs, or efforts, rather than external circumstances.

External Attributions

The process of explaining one's own behavior or the behavior of others by pointing to causes outside the individual, such as situational factors.

Hope

A feeling of expectation and desire for a certain thing to happen.