Which of the Expressions Below Best Describes the Aim of Economic

question 259

Multiple Choice

Which of the expressions below best describes the aim of economic theory?

• A) to predict how people think about money
• B) to understand why money motivates some people more than others
• C) to predict the choices people will make
• D) to learn what we can do to prevent people from having unrealistic wants

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Definitions:

Dred Scott Decision

An 1857 U.S. Supreme Court ruling that African Americans, whether enslaved or free, could not be American citizens and therefore had no standing to sue in federal court, further inflaming the pre-Civil War national debate over slavery.

Slavery

A system in which individuals are owned by others, deprived of personal freedom, and compelled to perform labor or services.

Frederick Douglass

An African American social reformer, abolitionist, orator, writer, and statesman in the 19th century, who escaped from slavery.

John Brown

An American abolitionist leader known for his role in the Bleeding Kansas conflict and his raid on Harpers Ferry, aiming to initiate a slave rebellion.