An Economic Theory

question 72

Multiple Choice

An economic theory

• A)will be useful only if all human behaviour is rational.
• B)will be useful as long as it is logically consistent.
• C)is only useful if its underlying assumptions are realistic.
• D)will predict more accurately if it contains a greater number of mathematical equations.
• E)must be judged on its ability to explain and predict real- world phenomena.

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Definitions:

Tension

The state of being stretched tight, which can be physical in terms of objects or emotional/psychological in terms of feelings.

Drug Availability

The extent to which medications and treatments can be obtained by the public, often influenced by factors like regulatory approvals, manufacturing, and distribution networks.

Harm Control

A strategy or set of strategies aimed at reducing the negative effects of hazardous substances or behaviors on individuals and communities.

Drug Abuse

The misuse of legal or illegal substances with the intention of creating pleasurable effects or escaping reality, potentially leading to dependence and harmful consequences.