Which of the Following Is True

question 244

Multiple Choice

Which of the following is true?
i.A rational choice is made on the margin.
ii.Microeconomics is the study of the national economy while macroeconomics is the study of the global economy.
iii.Economists try to understand how the economic world works by testing normative statements.

• A) only i
• B) i and iii
• C) only ii
• D) only iii
• E) i and ii

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Definitions:

Poetic

Relating to or characteristic of poetry, including elements like rhythm, symbolism, and expressiveness.

Digital

Pertaining to technology that uses digits, particularly binary digits, for information encoding, storage, and transmission.

Creative

pertains to the ability or quality of generating novel and valuable ideas, solutions, or artistic expressions.

Componential Intelligence

An aspect of intelligence theory that involves the analytical aspect of intelligence; the ability to analyze and evaluate ideas, solve problems, and make decisions.