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Suppose an Economist Develops a Theory That Higher Housing Prices

Question 188

Multiple Choice

Suppose an economist develops a theory that higher housing prices arise from lower gas prices. According to the scientific method, which of the following is the economist's next step?


A) Collect and analyze data
B) Go to a laboratory and generate data to test the theory
C) Publish the theory without testing it
D) Conduct a natural experiment to confirm the theory

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