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Economists Employ the Scientific Method to Help Explain Economic Behavior

Question 127

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Economists employ the scientific method to help explain economic behavior. In part, this means that:


A) there is a single economic theory accepted by all economists.
B) economic hypotheses are tested to determine their validity.
C) all economic laws have been proven true by laboratory tests.
D) personal values never enter into economic policy recommendations.
E) assumptions are not necessary in economics.

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