A Good Economic Theory

question 102

Multiple Choice

A good economic theory

• A)has realistic assumptions
• B)contains as much detail as possible
• C)cannot be proven false
• D)predicts well
• E)can only be presented in mathematical terms

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Definitions:

Solid Line

A continuous, uninterrupted line used in diagrams or drawings to represent boundaries, connections, or the outlining of objects.

Evidence-Based Practice

The integration of clinical expertise with the best available research evidence and patient values in making decisions about the care of individual patients.

Definitions

Precise explanations of the meaning of words or concepts.

Orienting Frameworks

Conceptual structures or systems that provide guidance or direction in understanding and approaching complex issues or phenomena.