Multiple Choice
Economics is scientific because
A) economists can conduct controlled experiments.
B) it tests hypotheses by appealing to evidence.
C) economists use data.
D) individual behaviour is predictable.
E) economists can conduct laboratory experiments.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Of the following, which is the most
Q16: Which of the following statements is NOT
Q17: When an economist assumes that the owners
Q18: An economic model that contains a highly
Q19: Suppose an individual wheat farmer's income is
Q21: Economic theories<br>A)can be used to help explain
Q22: When an increase in one variable is
Q23: A hypothesis (or a prediction)is a statement
Q24: An index number is used to<br>A)compare the
Q25: The scientific approach to economic inquiry involves<br>A)testing