Which of the Following Is Not Correct

question 3

Multiple Choice

Which of the following is not correct?

• A)Economists have two roles: scientist and policy adviser.
• B)As scientists,economists develop and test theories to explain the world around them.
• C)Economic policies rarely have effects that their architects did not intend or anticipate.
• D)As policy advisers,economists use their theories to help change the world for the better.

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Definitions:

Amortized

The process of gradually reducing the cost of an intangible asset through systematic charges to expense over its useful life.

Brokerage Commission

The fee charged by a broker for facilitating transactions between buyers and sellers.

Accrued Interest

The interest that has been earned but not yet paid or received in cash.

Investment In Bonds

The act of purchasing debt securities issued by corporations or governments, aiming to earn interest income and potentially benefit from price appreciation.