How Does the Science of Economics Deal with the Fact

question 313

Multiple Choice

How does the science of economics deal with the fact that we all have different values?

• A) by assuming that values don't play a role in economic behavior
• B) by seeking to discover the sources of different value systems
• C) by using positive analysis
• D) by surveying the public to see what the most common values are, and then incorporating those as assumptions into their models

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Definitions:

Quarantining

The placement (by antivirus software) of a computer virus in a secure area on the hard drive so that it won’t spread infection to other files.

Antivirus Software

Software specifically designed to detect viruses and protect a computer and files from harm.

Infected File

A file that has been tainted with a virus or malware, posing a risk to computer security and user data.

Multi-Partite

Pertaining to or involving multiple parties, sides, or factions, often used in the context of graphs or agreements.