Which of the following is not a part of the scientific method in economics?
A) making normative statements
B) identifying the question
C) formulating a hypothesis
D) defining the relevant variables
E) specifying assumptions
Correct Answer:
Verified
Q93: Economists tell stories:
A)in order to breathe life
Q94: "There should be less discrimination against the
Q95: The difference between positive economic statements and
Q124: A(n) _ is a theory about how
Q125: A hypothesis is:
A) an assumption about the
Q126: In the economic model of consumer behavior,
Q127: Behavioral assumptions:
A) make economic models more complex
Q128: Which of the following is an example
Q131: The primary behavioral assumption is:
A) opportunity cost.
B)
Q133: Which of the following is an example
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