The Three Fundamental Questions in Economics Are What, How, and How

question 43

True/False

The three fundamental questions in economics are what, how, and how many.

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Definitions:

Holmes and Rahe

Refers to the Holmes and Rahe Stress Scale, a tool used to measure the stress load we carry, and predict the risk of becoming ill as a result.

Internal Conflict

A psychological struggle within the mind of an individual, arising from opposing demands or impulses.

Major Types

Principal or most significant categories or forms within any general field of study or area of interest.

Conform to Expectations

The behavior of adjusting one's actions, attitudes, or beliefs to match those of a group or societal standards.