Economists Test Economic Models by Using

question 169

Multiple Choice

Economists test economic models by using

• A)the what,how,and for whom questions.
• B)positive statements and normative statements.
• C)personal economic policy,business economic policy,and government economic policy.
• D)natural experiments,statistical investigations,and economic experiments.
• E)marginal benefit and marginal cost.

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Definitions:

Thick Description

The writing of narrative accounts that provide rich insight into the complex meaning patterns that underlie people’s collective behavior; associated with ethnographic research.

Interpretive Study

A research method focusing on understanding phenomena through the meanings that people assign to them, typically qualitative in nature.

Classroom Culture

The set of beliefs, perceptions, relationships, attitudes, and written and unwritten rules that shape and influence every aspect of how a school functions.

Root Metaphor

A fundamental underlying metaphor that shapes an individual's perception and understanding of the world and guides how they interpret experiences.