A(n) _____ is a theory about how key variables relate to each other.
A) assumption
B) prediction
C) normative statement
D) hypothesis
E) positive statement
Correct Answer:
Verified
Q119: Exhibit 1.3 Q120: Economic theories: Q121: Step one in the scientific method to Q123: Which of the following is an example Q125: A hypothesis is: Q126: In the economic model of consumer behavior, Q127: Behavioral assumptions: Q128: Which of the following is an example Q129: Which of the following is not a Q136: A normative economic statement
A) express normative values.
B) invent imaginative
A) an assumption about the
A) make economic models more complex
A)is a hypothesis used
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