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The Scientific Method and the Tools of Economics Are Useful

Question 16

Multiple Choice

The scientific method and the tools of economics are useful in examining:


A) only how individuals make decisions.
B) only how business firms make decisions.
C) only how government policies affect macroeconomic outcomes.
D) only the trade-offs evident in production possibilities frontier (PPF) .
E) anything; economists will use their tools to study anything in the world around them.

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