Macroeconomists are like scientists because they both:
A) design data and conduct controlled experiments to test their theories.
B) rely on data analyzed from experiments they set up in a laboratory.
C) are unlimited in their use of controlled experiments.
D) collect data, develop hypotheses, and analyze the results.

Question

Quizplus · Accepted Answer

Macroeconomists and scientists both collect data, develop hypotheses, and analyze the results. However, macroeconomists cannot conduct controlled experiments in the same way that scientists do, making option A incorrect. Option B is also incorrect because macroeconomists do not rely on data analyzed from experiments in a laboratory. Lastly, option C is incorrect because macroeconomists are limited in their ability to conduct controlled experiments due to practical and ethical reasons.

Macroeconomists Are Like Scientists Because They Both