Which of the Following Statements Is Not Correct

question 231

Multiple Choice

Which of the following statements is not correct?

• A) Economics is a behavioral science.
• B) In large measure, economics is the study of how people make choices.
• C) If poverty were eliminated, there would be no reason to study economics.
• D) Economic analysis can be used to explain how both individuals and societies make decisions.

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Definitions:

Early-Selection Theories

Theories in cognitive psychology that suggest attention acts as a filter at an early stage of information processing, allowing only certain stimuli to reach awareness.

Sensory Input

The information that the brain receives from the senses, such as sight, sound, smell, touch, and taste.

Encoding

The initial process of transforming sensory information into a form that can be stored and recalled in memory.

Retrieval

Retrieval is the process of accessing and bringing into consciousness information stored in memory.