Economists Use Some Familiar Terms in Specialized Ways

question 441

Multiple Choice

Economists use some familiar terms in specialized ways

• A)to make the subject sound more complex than it is.
• B)because every respectable field of study has its own language.
• C)to provide a new and useful way of thinking about the world.
• D)because it was too difficult to come up with new terms.

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Definitions:

Specific Phobia

A type of anxiety disorder characterized by an excessive and unreasonable fear of a specific object, situation, or activity.

Abnormal Behavior

Patterns of emotions, thoughts, and actions deemed pathological for cultural, societal, or situational contexts.

Posttraumatic Stress Disorder

A mind state of distress initiated by the direct exposure to or observation of a frightening situation, accompanied by recurring recollections, bad dreams, and high levels of stress.

Hurricane Sandy

A devastating tropical cyclone that occurred in October 2012, significantly impacting the Caribbean and the Eastern Seaboard of the United States, particularly New Jersey and New York.