Which of the following is an accurate list,in order,of the steps of the scientific method?
A) Define variables;state assumptions;form a hypothesis;test
B) State assumptions;define variables;form a hypothesis;test
C) Identify variables;state assumptions;test;form a hypothesis
D) Identify variables;form a hypothesis;form behavioral assumptions;test
E) Define assumptions;form behavioral assumptions;form hypothesis;test
Correct Answer:
Verified
Q73: All economic models must involve simplifications because:
A)economists
Q74: A good theory seeks to:
A)distort reality in
Q76: Economists employ the scientific method.In part,this means
Q78: The simple circular-flow model for households and
Q79: Macroeconomists analyze:
A)the labor market.
B)the arrangements through which
Q80: Macroeconomics is the study of:
A)the behavior of
Q81: A good economic theory
A)has realistic assumptions
B)contains as
Q102: Economic theory
A)expresses normative values
B)invents imaginative and interesting
Q116: The scientific method is useful
A)only in fields
Q136: A normative economic statement
A)is a hypothesis used
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