Which Statement About Economics Is CORRECT

question 1

Multiple Choice

Which statement about economics is CORRECT?

• A) Economists do not believe that criminals behave rationally.
• B) Economics has little to say about social issues.
• C) Economists consider how rational people respond to incentives.
• D) Economists assume that people don't respond to incentives.

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Definitions:

Reconstruction

The period following the Civil War in the United States, focused on rebuilding the country and integrating formerly enslaved people into society.

Democratic Presidents

Leaders of the United States who are members of the Democratic Party, one of the two major political parties in the country.

Enslaved Americans

People forced into servitude without freedom, predominantly Africans and African Americans, in the United States prior to the abolition of slavery.

Freedom

The condition or right of being able or allowed to do, say, think, or pursue life activities without undue restraint or oppression.