Which Statement Below Best Illustrates the "Art," Rather Than the "Science

question 21

Multiple Choice

Which statement below best illustrates the "art," rather than the "science" of macroeconomics?

• A)Macroeconomic data provides the motivation for new macroeconomic theory.
• B)Macroeconomic relationships can be expressed using symbols and equations.
• C)Macroeconomists must determine which simplifying assumptions give misleading results.
• D)Graphs and charts can be used to illustrate the history of macroeconomic variables.

---

Definitions:

Violating State Statutes

Acting against or failing to comply with laws enacted by a state legislature, potentially resulting in legal penalties.

Set One's Own Schedule

The flexibility to determine one's working hours rather than adhering to a set timetable imposed by an employer.

Work at Home

Employment where the job is performed from the comfort of the worker's home.

Legal Technician

A professional trained to assist with certain legal matters but not licensed to practice law as an attorney.