Which of the Following Is a Guidepost to Economic Thinking

question 51

Multiple Choice

Which of the following is a guidepost to economic thinking?

• A) The value of a good can be objectively measured.
• B) Individuals should never make a decision without having complete information.
• C) Incentives matter.
• D) Goods are scarce for the poor but not for the rich.

---

Definitions:

Ultrasound

Sound waves too high in pitch to be sensed by the human ear.

Fetuses

Refers to the later stages of development in the womb, from the end of the embryonic stage to birth.

Handedness

The preferential use of one hand over the other for performing tasks and activities, typically classified as right-handed, left-handed, or ambidextrous.

Thumbs

The first digit of the human hand, positioned oppositely from the other four, allowing for a stronger and more versatile grip.