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QUESTION:
In making which of the following statements is an economist acting more like a scientist?
a. The rate of inflation should be reduced because it robs the elderly of their savings.
b. The state should increase subsidies to universities because the future of our country depends on education.
c. The unemployment rate should be reduced because unemployment robs individuals of their dignity.
d. A reduction in unemployment benefits will reduce the unemployment rate.
ANSWER:
d. A reduction in unemployment benefits will reduce the unemployment rate.
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