What is a common thread between economics and other sciences such as physics?
A) Experiments are most often conducted in a lab.
B) Real-world observations often lead to theories.
C) A Ph.D. is required to truly understand any science.
D) Both deal primarily with abstract concepts.
Correct Answer:
Verified
Q4: Why do economists make assumptions?
A) to diminish
Q6: What is meant by scientific method?
A) the
Q11: What observation did Albert Einstein once make
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
Q18: What would be the best statement about
Q19: Where do the most common data for
Q19: If an economist develops a theory about
Q21: Which is true about models used by
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