A possible explanation for a natural phenomenon is called
A) the scientific method.
B) a theory.
C) a value judgment.
D) normative economics.
Correct Answer:
Verified
Q20: In most countries,decisions that affect medical expenditures
Q21: The real test of a good model
Q22: In conducting positive economic analysis,economists apply
A) subjective
Q23: In order to explain how societies deal
Q24: A useful theory must
A) apply to every
Q26: Which of the following is NOT a
Q27: Economists use assumptions in order to
A) make
Q28: Which of the following is a normative
Q29: Which of the following best exemplifies the
Q30: The general procedure used to learn about
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