Because it is difficult for economists to use experiments to generate data, what must they generally do?
A) do without data
B) use whatever data the world gives them
C) select a committee of economists to make up data for all economists to use
D) use hypothetical, computer-generated data
Correct Answer:
Verified
Q1: What is a characteristic of a good
Q2: For economists, what are often used as
Q4: Why do economists make assumptions?
A) to diminish
Q5: What is the goal of theories?
A) to
Q6: What is meant by scientific method?
A) the
Q7: Where do the most common data for
Q8: What happens when economists test theories?
A) They
Q9: What do economists do when they attempt
Q10: Why are historical episodes valuable to economists?
A)
Q11: Which statement best describes the way economists
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