John Doe Was Standing in Front of the Broken Window

question 2

Multiple Choice

John Doe was standing in front of the broken window with the scolding hand of his father wagging. A baseball sat in the middle of the glass which could be seen scattered on the chair in their living room. When John responded to his father, "I thought we were using the softer ball instead of the regulation ball," John gave which type of account of the situation?

• A) excuse
• B) justification
• C) lie
• D) both a and c are correct

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Definitions:

Simplifying Assumptions

Rational approximations or conditions made to simplify complex systems or models so that they are easier to analyze or understand.

Economic Events

Incidents or developments that affect the economy, such as financial crises, market movements, or policy changes.

Economic Theories

A set of principles that explain how economies function, including the distribution of resources, and the production and consumption of goods and services.

Abstractions

The process of extracting the underlying essence or general principles of a concept, situation, or phenomenon, often by neglecting concrete details.