Theories should be judged based upon how
A) well they explain things.
B) consistently and accurately they predict.
C) famous the economist is making the prediction.
D) the amount of attention given to them by the media.
E) a and b

Question

Quizplus · Accepted Answer

Theories should be evaluated based on how well they explain things and how consistently and accurately they predict. These are the two most important criteria for determining the quality of a theory. Factors like the fame of the economist making the prediction or the amount of media attention a theory receives are not relevant to the theory's validity or usefulness. Therefore, the best answer is E because it includes both criteria that are most important.

Theories Should Be Judged Based Upon How