Economists Use Some Familiar Terms in Specialized Ways

question 441

Multiple Choice

Economists use some familiar terms in specialized ways

• A)to make the subject sound more complex than it is.
• B)because every respectable field of study has its own language.
• C)to provide a new and useful way of thinking about the world.
• D)because it was too difficult to come up with new terms.

---

Definitions:

Non-normative

Events or experiences that do not follow the typical or expected life trajectory.

Age-graded

Refers to activities, expectations, or roles that are assigned based on an individual's age in a society.

Cross-cultural

Pertains to or involving the comparison of different cultures or the interaction between them.

Maturation

The process of becoming mature; the developmental process of growing up or the development of natural growth, aging, or capability over time.