Which of the Following Steps Does an Economist Take When

question 50

Multiple Choice

Which of the following steps does an economist take when studying the economy?

• A)devise theories
• B)collect data
• C)analyze data
• D)All of the above are correct.

---

Definitions:

Judgment

A formal decision or determination made by a court regarding the rights and liabilities of the parties in a legal action.

Sheriff

An elected official in a county or independent city responsible for keeping peace and enforcing the law, often involved with serving legal documents and managing jails.

Subrogation

The legal right for insurers to pursue a third party that caused an insurance loss to the insured.

Guarantor

A person or entity that agrees to be responsible for another's debt or performance under a contract if the original party defaults.