In the Context of Economics, Assumptions

question 8

Multiple Choice

In the context of economics, assumptions

• A)are stated or unstated value judgments, definitions and interpretations made without supporting evidence.
• B)are logical conclusions reached in the first step of economic analysis and used consistently from thereon.
• C)must be based on the evidence at hand but do not need to be explicitly stated
• D)are different for every person and thus have no role in unbiased policy analysis

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Definitions:

Insanity

A legal term describing a person's inability to determine right from wrong or to form a rational decision.

Suicide Attempt

An act whereby an individual intentionally tries to end their own life but does not result in death.

Lethal Means

Methods or devices that are capable of causing death.

Suicide Rate

Suicide rate is a statistical measure that reflects the number of suicides occurring in a given population during a specified period of time.