Economists Make Use of Assumptions,some of Which Are Unrealistic,for the Purpose

question 47

Multiple Choice

Economists make use of assumptions,some of which are unrealistic,for the purpose of

• A)teaching economics to people who have never before studied economics.
• B)advancing their political agendas.
• C)developing models when the scientific method cannot be used.
• D)focusing their thinking.

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Definitions:

Ecological Problem

Issues that arise when the natural balance of ecosystems is disturbed, leading to environmental harm and decreased biodiversity.

Industrial Smog

A type of air pollution generated from industrial operations and fossil fuel combustion, characterized by a mix of particulates and gases.

Sulphur Dioxide

A toxic gas with a pungent, irritating smell, commonly resulting from the burning of fossil fuels and is a significant pollutant in the atmosphere.

Sulphuric Acid

A highly corrosive strong mineral acid with the molecular formula H2SO4, used in a wide variety of industrial processes.