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Which of the following statements is TRUE of economic reasoning?

Hareplity

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Which of the following statements is TRUE of economic reasoning?

Which of the following statements is TRUE of economic reasoning?

▸ Economic reasoning can only be used with normative choices.

▸ Economic reasoning implies that leisure time is free and costless.

▸ Economic reasoning hampers optimal decision making.

▸ Economic reasoning helps people make the best use of scarce resources.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 43 times

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doublekud

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