Social science concerned with how individuals institutions

Reference no: EM13453526

1. Economics may best be defined as the:

2. interaction between macro and micro considerations.

3. social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity.

4. empirical testing of value judgments through the use of logic.

5. use of policy to refute facts and hypotheses.

Reference no: EM13453526

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