A theory that has won virtually universal acceptance is a:
A) model.
B) hypothesis.
C) law.
D) variable.
Correct Answer:
Verified
Q93: The "all other things unchanged" assumption is
Q94: A simplified representation of a particular problem
Q95: Economists are:
A) concerned with developing theories and
Q96: A basic assumption used in many economic
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Q100: Each of the following statements about the
Q101: An example of a positive statement is:
A)
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Q221: Statements that make value judgments are:
A)pecuniary.
B)positive.
C)nominal.
D)normative.
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