Economists and Others Use Economic Theory

question 73

Multiple Choice

Economists and others use economic theory

• A)only to analyze situations in which money changes hands.
• B)as a partial basis for public policy recommendations.
• C)to confuse their enemies.
• D)instead of using value judgments concerning important policy issues.

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Definitions:

Major Term

In syllogistic logic, the predicate of the conclusion, which appears in one of the premises.

Minor Term

In syllogistic logic, the term that appears in the conclusion as the subject and is a specific instance within the general category of the major term.

Middle Term

In a syllogism, the term that appears in both premises but not in the conclusion, serving as a link between the two other terms.

Family-Oriented Television

TV programming designed to be suitable and appealing to all family members, often focusing on family values.