To Argue That Economics Is the Only Science Not Used

question 18

Multiple Choice

To argue that economics is the only science not used objectively is

• A)true because only economics engages in politically controversial issues.
• B)false because other sciences besides economics engage in politically controversial issues.
• C)true because all other sciences use controlled experiments.
• D)false because one's reasoning is either correct or incorrect.
• E)false because none of the other sciences use controlled experiments.

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Definitions:

Unemployment

The situation in which individuals who are capable of working are actively seeking work but are unable to find employment.

Cyclical

Pertaining to fluctuations in economic activity occurring due to the natural business cycle, including expansions, peaks, recessions, and troughs.

Structural

Relating to the underlying or fundamental aspects of something, especially with regard to economic sectors or market changes.

Aggregate Supply Curve

A graphical representation showing the total quantity of goods and services that producers are willing and able to supply at different price levels in an economy.