Economics Was Originally Called

question 71

Multiple Choice

Economics was originally called

• A)political engineering.
• B)political economy.
• C)economic physics.
• D)social engineering.
• E)social physics.

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Definitions:

Default

The failure to fulfill an obligation, especially the failure to make payments on a loan.

Treasurer

An officer in an organization responsible for managing the organization's financial affairs, including the custody and disbursement of funds.

Obligation

A legal or moral duty to do something or refrain from doing something.

Liable

Legally responsible for something, usually resulting in a requirement to compensate for harm or damage caused.