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book Macroeconomics 8th Edition by David Colander cover

Macroeconomics 8th Edition by David Colander

Edition 8ISBN: 978-0077398088
book Macroeconomics 8th Edition by David Colander cover

Macroeconomics 8th Edition by David Colander

Edition 8ISBN: 978-0077398088
Exercise 5
state whether the following is an example of deductive, inductive, or abductive reasoning:
a.The number of ring inside a tree is the age of a tree. This tree has 10 rings. Conclusion: This tree is 10 years old.
b.People spend 80 percent their income. Susan will earn $60.000 this year. Conclusion : Susan will spend $48,000
c.Ten college students are standing in a line to choose either an economic - course or an English course. The first students chooses economics. The second student chooses economic and so does the third. Conclusion: All college students prefer economics over English.
d.Ten college students are standing in a line to choose either an economic course or an English course. The first student choose economics. The second student chooses economies and so does the third. Conclusion : All college students prefer economics over English. The fourth student in line chooses English. The first three student were women; the fourth was a man. Revised conclusion: Male college students prefer English. Female college students prefer economics.
Explanation
Verified
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(a) "The number of rings inside the tree...

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Macroeconomics 8th Edition by David Colander
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