Economics is scientific because
A) economists routinely conduct controlled experiments.
B) individual behaviour is predictable.
C) economists routinely conduct laboratory experiments.
D) economists use data.
E) economists test hypotheses by appealing to empirical evidence.
Correct Answer:
Verified
Q24: Suppose economists at the World Bank discover
Q25: An economic model that contains a highly
Q26: In order to test a theory,one must
A)develop
Q27: Suppose an individual wheat farmer's income is
Q28: Suppose we have data for 1000 students
Q30: If we seek to explain the number
Q31: Which of the following pairs of words
Q32: Economists build models that abstract from the
Q33: A hypothesis (or a prediction)is a statement
Q34: The scientific approach to economic inquiry involves
A)choosing
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