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Using the Scientific Method to Approach an Economic Issue Involves

Question 35

Multiple Choice

Using the scientific method to approach an economic issue involves


A) finding the correct data to validate the theory.
B) considering stock and flow variables.
C) the use of controlled experiments to confirm the evidence presented by the data.
D) building a theory to explain the issue and then determining if the theory can be refuted by evidence.
E) formulating normative statements about it.

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