Economics As A Science - SS1 Economics Past Questions and Answers - page 1

1

Economics is based on a set of fundamental ________ and ________.

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A

Logic and thought

B

Principles and theories

C

Feeling and emotion

D

Principles and emotion

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2

The knowledge generated through economics does nothing for the welfare of the society TRUE/ FALSE

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A

TRUE

B

FALSE

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3

Economics employs the scientific method to study human behaviour TRUE/FALSE

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A

TRUE

B

FALSE

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4

Why do economists use quantitative and qualitative research methods?

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