How Did the Influential Economist John Maynard Keynes Explain His

question 3

Multiple Choice

How did the influential economist John Maynard Keynes explain his remark that though economics is an easy subject compared with the higher branches of philosophy or pure science,it is a subject at which few excel?

• A)Most people who study economics are not very bright.
• B)Good economists must possess a rare combination of gifts.
• C)Economics is quite boring;hence,people tend to lose interest in it before mastering it.
• D)Good thinkers become frustrated with economics because it does not make use of the scientific method.

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Definitions:

Social Facilitation

The tendency for people to perform differently when in the presence of others compared to when alone, often improving on simple tasks or tasks at which they are skilled.

Challenge

A situation, task, or problem that requires a person to use their skills, knowledge, or resources to overcome it.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving on simple tasks and performing worse on complex tasks.

Dominant Response

In social psychology, the most common or likely behavior a person displays in response to a specific stimulus or situation.