Which of the following statements applies to economics,as well as to other sciences such as physics?
A) Experiments are considered valid only when they are conducted in a laboratory.
B) Good theories do not need to be tested.
C) Real-world observations often lead to theories.
D) Economics, as well as other sciences, are concerned primarily with abstract concepts.
Correct Answer:
Verified
Q3: By scientific method we mean
A) the use
Q9: Sir Isaac Newton's development of the theory
Q10: Economists regard events from the past as
A)irrelevant,
Q11: Economists,like mathematicians,physicists,and psychologists,
A)make use of the scientific
Q16: Which of the following terms are most
Q18: Who said,"The whole of science is nothing
Q18: Albert Einstein once made the following observation
Q29: For economists,substitutes for laboratory experiments often come
Q121: Which of the following statements is (are)correct?
A)
Q134: Economists make assumptions in order to
A) mimic
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