When Presented with a Claim, Earl Tends to Ask a Lot

question 3

Multiple Choice

When presented with a claim, Earl tends to ask a lot of probing questions about the basis for the claim. One could say that Earl displays __________.

• A) unwarranted expertise
• B) mistrust of authority
• C) a healthy sense of skepticism
• D) a conflict of interests

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Definitions:

Economics

Social science that analyzes the choices people and governments make in allocating scarce resources.

Substitute Goods

Products or services that can serve as replacements for each other, satisfying similar customer needs or desires.

Macroeconomic Effect

Refers to the large-scale impacts on an economy, including changes in inflation, unemployment, gross domestic product, and national income.

Microeconomics

studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources.