For economists, historical episodes
A) are not worthy of study because they offer few insights into current economic events and problems.
B) are not worthy of study because laboratory experiments provide more reliable datb.
C) are worthy of study because economists rely entirely on observation, rather than on theory.
D) are worthy of study because they serve as valuable substitutes for laboratory experiments.
Correct Answer:
Verified
Q4: Which of the following statements is correct?
A)Economists
Q5: Instead of conducting laboratory experiments to generate
Q10: Because it is difficult for economists to
Q23: Economists make use of assumptions,some of which
Q29: For economists,substitutes for laboratory experiments often come
Q30: One thing economists do to help them
Q35: For an economist,the idea of making assumptions
Q36: The decision of which assumptions to make
Q39: The art in scientific thinking is
A)finding the
Q51: Economic models are built with
A)recommendations concerning public
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