Which of the Following Is Not Correct

question 3

Multiple Choice

Which of the following is not correct?

• A)Economists have two roles: scientist and policy adviser.
• B)As scientists,economists develop and test theories to explain the world around them.
• C)Economic policies rarely have effects that their architects did not intend or anticipate.
• D)As policy advisers,economists use their theories to help change the world for the better.

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Definitions:

Incorporation

The process of legally declaring a business as a corporation, allowing it to operate as a separate legal entity from its owners.

Sole Proprietorship

An individual carrying on business alone.

Partnership

When the ownership and responsibilities of a business are shared by two or more people with a view toward profit.

Incorporation Process

The series of legal steps taken to form a legally recognized company or corporation.