What observation did Albert Einstein once make about science?
A) "The whole of science is nothing more than the refinement of everyday thinking."
B) "The whole of science is nothing more than an interesting intellectual exercise."
C) "In order to understand science, one must rely solely on abstraction."
D) "In order to understand science, one must transcend everyday thinking."
Correct Answer:
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Q2: For economists, what are often used as
Q6: What is meant by scientific method?
A) the
Q7: Why are historical episodes valuable to economists?
A)They
Q8: What happens when economists test theories?
A)They must
Q9: Who said, "The whole of science is
Q10: Which is the best statement about the
Q12: What is the goal of theories?
A)to provide
Q13: If Sir Isaac Newton's development of the
Q14: Why is the use of theory and
Q16: What is a common thread between economics
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