What is the goal of theories?
A) to provide an interesting, but not useful, framework of analysis
B) to provoke stimulating debates in scientific journals
C) to demonstrate that the developer of the theory is capable of logical thinking
D) to help scientists understand how the world works
Correct Answer:
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Q1: What is a characteristic of a good
Q2: For economists, what are often used as
Q3: Because it is difficult for economists to
Q4: Why do economists make assumptions?
A) to diminish
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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