Which of the Following Statements Is NOT True

question 93

Multiple Choice

Which of the following statements is NOT true?

• A) Economics is a social science.
• B) Economics is an empirical science.
• C) Economics does not use theories.
• D) Economics is the study of how people allocate their limited resources to satisfy their unlimited wants.

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Definitions:

Mean Square

The average of the squares of the deviations or differences from the mean, often used in the context of analysis of variance (ANOVA).

Middle-Aged

A demographic group referring to people who are in the middle stage of their life, typically considered to be between the ages of 40 and 65.

Behavioral Analogue Risk Task

A task used in psychological experiments to simulate real-world risk-taking behaviors in a controlled setting.

Psychopathic Personality Inventory

A self-report scale primarily used to assess the personality traits of psychopathy.