Economists Make Assumptions in Order to

question 113

Multiple Choice

Economists make assumptions in order to

• A) mimic the methodologies employed by other scientists.
• B) minimize the number of experiments that yield no useful data.
• C) minimize the likelihood that some aspect of the problem at hand is being overlooked.
• D) focus their thinking on the essence of the problem at hand.

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Definitions:

Fundamental Aspect

An essential, core feature or component of a concept, theory, or system.

Existential Therapist

An existential therapist focuses on concerns related to existence, such as death, freedom, isolation, and meaning, helping clients face the anxieties of life directly to find personal meaning and values.

Fundamental Aspect

An essential or core part of something that is necessary for its existence or functioning.

Bad Faith

A concept in existentialist philosophy referring to the practice of deceiving oneself by refusing to acknowledge the reality of one's situation or the freedom and responsibility it entails.