As a Scientist, an Economist's Main Professional Objective Is to

question 70

Multiple Choice

As a scientist, an economist's main professional objective is to

• A)become wealthy
• B)control the government's decision-making processes
• C)understand how the economy works
• D)discover which stock prices will decrease
• E)understand the psychology of participants in markets

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Definitions:

Right

Entitlements or freedoms that individuals are allowed by law or moral principles.

Emmanuel Kant

A German philosopher who profoundly influenced modern philosophy with his works on ethics, aesthetics, and epistemology, particularly known for his theory of the moral imperative.

Absolute Rules

Laws or principles that are seen as universally true and not subject to change or exception.

Intuitive Understanding

An immediate grasp or recognition of patterns and principles without reliance on conscious reasoning.