Which of the following is not correct?
A) Economists use some familiar words in specialized ways.
B) Economics has its own language and its own way of thinking, but few other fields of study do.
C) Supply, demand, elasticity, comparative advantage, consumer surplus, and deadweight loss are all terms that are part of the economist's language.
D) The value of the economist's language lies in its ability to provide you with a new and useful way of thinking about the world in which you live.
Correct Answer:
Verified
Q233: Microeconomics is the study of
A)how money affects
Q241: Figure 2-16 Q242: Figure 2-16 Q244: Figure 2-16 Q246: A macroeconomist - as opposed to a Q250: Which of the following areas of study Q252: Figure 2-16 Q562: Economists use some familiar terms in specialized Q567: Figure 2-16 Q569: Figure 2-16 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents