Because Economists Have Different Values,like Everyone Else,they

question 92

Multiple Choice

Because economists have different values,like everyone else,they

• A) tend to be self centered,so positive economics is impossible
• B) ignore politics
• C) use abstraction to be realistic
• D) may disagree,even though economic theory is based on positive statements
• E) try to be right all the time

Recognize the distinct ethical and philosophical perspectives in different cultures, specifically in Confucianism.

Distinguish between reasoning processes and the influence of emotions and self-interest on critical thinking.

Appreciate the role of empathy in critical thought and its application in ethical reasoning.

Evaluate the impact of media portrayals on societal attitudes towards violence and justice, with reference to viewpoints of public figures like Al Gore.

---

Definitions:

Nonimportation Associations

Groups formed by American colonists before the American Revolution to boycott goods imported from Britain, aiming to put economic pressure on Britain to repeal unpopular legislation.

Stamp Act

A 1765 law passed by the British Parliament requiring all legal documents, newspapers, and other papers in the American colonies to bear a tax stamp, leading to widespread protest.