Use Critical Thinking to Address the Key Issue

question 65

Short Answer

Use critical thinking to address the key issue.
-You plan to make a survey of 200 people. The plan is to talk to every 10th person coming out of the school library. Is there a problem with your plan?

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Definitions:

Classical Economics

An economic theory advocating for minimal government intervention in the market, emphasizing free-markets and the idea that markets naturally tend towards equilibrium.

Mainstream Economics

The body of economic thought and analysis that is widely accepted and taught across major universities, focusing largely on microeconomics and macroeconomics theories.

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, starting in the United States.

John Maynard Keynes

A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and economic policies of governments.