Which of the following strategies is most effective for answering multiple-choice questions in economics?

One effective strategy for answering multiple-choice questions in economics is to carefully read each question and all the answer choices before making a selection. Understanding what the question is asking is crucial, as it helps you identify the key concepts involved. For example, if a question asks about the impact of supply and demand on prices, think about how these two forces interact before looking at the options. After considering the question, eliminate any answers that seem obviously incorrect to narrow down your choices. Finally, if you're unsure, use your best judgment based on your knowledge of economic principles to select the most reasonable answer.