Complete the Following Statement: When Economists Are Trying to Explain

question 225

Multiple Choice

Complete the following statement: When economists are trying to explain the world they are

• A)scientists.
• B)policy advisors.
• C)in the realm of normative economics.
• D)in over their heads.

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Definitions:

Communication Technologies

Tools and platforms that facilitate the transfer of information between entities over distances, including the internet, broadcasting media, and telecommunication systems.

Global Village

Refers to the concept of the entire world becoming more interconnected and accessible, making distance less significant in terms of communication and cultural exchange.

Mass Media

Refers to a diverse array of media technologies that reach a large audience via mass communication, including newspapers, television, radio, and the internet.

Johannes Gutenberg

A German blacksmith, goldsmith, printer, and publisher who introduced printing to Europe with his mechanical movable-type printing press.