A hypothesis is tested by:
A) the realism of its assumptions
B) the lack of realism of its assumptions
C) its ability to predict accurately an outcome that follows logically from the assumptions
D) none of these
Correct Answer:
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Q1: The curve showing the possibilities of production
Q2: Which one of the following definition of
Q4: In a free enterprise economy, the problems
Q5: Who considered Political Economy as "an enquiry
Q6: Which of the following definitions of Economics
Q7: Which of the following embodies a more
Q8: The fundamental problem faced by an economy
Q9: Production possibilities curve does not show:
A)what to
Q10: State whether Economics is :
A)a positive science
Q11: Who of the following emphasized the normative
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