A good economic theory:
A) is based on value judgments.
B) contains as much detail as possible.
C) cannot be proven false.
D) can be used to make predictions.
E) can only be presented in mathematical terms.
Correct Answer:
Verified
Q97: Patrick decided to go to class today
Q98: Which of the following would be a
Q99: Table 1.1 Q100: Table 1.1 Q101: The basic purpose of economic models is Q103: Exhibit 1.3 Q104: An economic model that sometimes makes incorrect Q105: Economists employ the scientific method to help Q106: Exhibit 1.3 Q107: The simple circular-flow model for households and Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
