The Ability to Evaluate Claims About Truth by Using Reason

question 1

Multiple Choice

The ability to evaluate claims about truth by using reason and evidence is referred to as ______.

• A)critical thinking
• B)the sociological imagination
• C)deduction
• D)common sense

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Definitions:

Good

A tangible item or service that can be bought, sold, or traded.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive.

Tax

A necessary economic duty or another sort of imposition exacted from a taxpayer by a governmental agency to allocate funds for government activities and multiple public financial needs.

Good

A tangible item that satisfies some human want or need, which can be transferred from the producer to a buyer.