A Good Economic Theory

question 148

Multiple Choice

A good economic theory:

• A)approaches reality in all its complexity.
• B)involves so much distortion of reality that it is worthless.
• C)focuses on the unique aspects of each situation.
• D)involves some simplification of reality.
• E)bears no relation to reality.

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Definitions:

Supreme Court

The highest judicial body in a country, typically responsible for interpreting the constitution and reviewing laws to ensure they comply with the country's founding principles.

Alice Paul

A prominent American suffragist and activist who played a key role in the campaign for women's suffrage in the United States, leading to the passage of the 19th Amendment.

Gender-based Legal Distinctions

Differences in laws and legal practices that are explicitly based on an individual's gender, often leading to discussions about equality and discrimination.

Fifteenth Amendment

An amendment to the U.S. Constitution, ratified in 1870, that prohibits the federal and state governments from denying a citizen the right to vote based on that person's "race, color, or previous condition of servitude."