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Study the following passage and answer the following questions:Instead of being concerned with what actually happens in practice….(economics) is increasingly preoccupied with developing pseudo-mathematical formulas. These provide models of behavior which...

Study the following passage and answer the following questions:Instead of being concerned with what actually happens in practice….(economics) is increasingly preoccupied with developing pseudo-mathematical formulas. These provide models of behavior which never quite fit what actually happens, in a way which resembles the physical sciences gone wrong: instead of equations describing reality, economics produces equations describing ideal conditions and theoretical clarity of a type which never occurs in practice.

Q

Which of the following best summarizes the argument of this paragraph ?

A

Economics ought to be more like the physical sciences.

B

Theoretical clarity is undesirable in economics.

C

The physical sciences are wrong to emphasise mathematic formulae.

D

The mathematical equations used by economists do not accurately describe the real world.

E

Economics is a complex subject.

A

Economics ought to be more like the physical sciences.

B

Theoretical clarity is undesirable in economics.

C

The physical sciences are wrong to emphasise mathematic formulae.

D

The mathematical equations used by economists do not accurately describe the real world.

E

Economics is a complex subject.

Solution

The mathematical equations used by economists do not accurately describe the real world.

The mathematical equations used by economists do not accurately describe the real world.

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