Starting to Misbehave According to Thaler, what two things give economics its reputation as the most powerful social science? Circle 2 items from the list. A. More students than any other social science, and nearly 100% of those students find jobs as economists. B. Economists have a virtual monopoly on giving policy advice C. Economics professors are paid more than professors of other fields, including business administration professors, finance professors, and human biology professors. D. Intellectual power is derived from the fact that economics has a unified, core theory from which everything else follows.
Starting to Misbehave According to Thaler, what two things give economics its reputation as the most powerful social science? Circle 2 items from the list. A. More students than any other social science, and nearly 100% of those students find jobs as economists. B. Economists have a virtual monopoly on giving policy advice C. Economics professors are paid more than professors of other fields, including business administration professors, finance professors, and human biology professors. D. Intellectual power is derived from the fact that economics has a unified, core theory from which everything else follows.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Starting to Misbehave
4. According to Thaler, what two things give economics its reputation as the most powerful
social science? Circle 2 items from the list.
A. More students than any other social science, and nearly 100% of those students find jobs
as economists.
B. Economists have a virtual monopoly on giving policy advice
C. Economics professors are paid more than professors of other fields, including business
administration professors, finance professors, and human biology professors.
D. Intellectual power is derived from the fact that economics has a unified, core theory from
which everything else follows.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fab21f38b-6bca-4e11-a27f-ec6d3c4600dc%2Fb5e41e14-2d19-4a61-aab1-114bf3efa939%2Frw1du7d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Starting to Misbehave
4. According to Thaler, what two things give economics its reputation as the most powerful
social science? Circle 2 items from the list.
A. More students than any other social science, and nearly 100% of those students find jobs
as economists.
B. Economists have a virtual monopoly on giving policy advice
C. Economics professors are paid more than professors of other fields, including business
administration professors, finance professors, and human biology professors.
D. Intellectual power is derived from the fact that economics has a unified, core theory from
which everything else follows.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education