Which of the Following Is a Correct Statement

question 174

Multiple Choice

Which of the following is a correct statement?

• A) Economic concepts or laws that are valid during depression are necessarily valid during prosperity.
• B) Although they are generalizations,economic laws are useful because they allow us to predict and therefore influence or adjust to events.
• C) Economics is as scientific as are physics and chemistry because economic laws are as quantitatively precise as the laws of physics or chemistry.
• D) Because economics is concerned with questions of "ought," it is a branch of applied ethics and not scientific.

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Definitions:

Behaviorism

A psychological approach focusing on observable and measurable behaviors rather than on internal mental processes.

Stimulus-Response Relationships

The connection between a specific stimulus and the behavior or reaction it elicits.

Conscious

The state of being awake and aware of one's surroundings and mental processes.

Unconscious Thought

Thoughts and processes that occur without an individual's aware perception, influencing actions and feelings.