Empirical Economics Refers to the

question 71

Multiple Choice

Empirical economics refers to the

• A) exclusion of irrelevant data when analyzing a model.
• B) collection and use of data to test economic theories.
• C) model of economics used prior to the Industrial Revolution.
• D) belief that what is true for a part is necessarily true for the whole.

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Definitions:

Test Category

A classification or grouping of tests based on their similar characteristics or the purpose they serve.

Clerical Test Battery

A set of standardized tests designed to measure abilities important for success in clerical and administrative positions, such as typing speed, accuracy, and filing capabilities.

Test Category

A classification of tests based on their purpose, content, or the skills they assess.

Armed Services Vocational Aptitude Battery

The Armed Services Vocational Aptitude Battery (ASVAB) is a test administered by the United States Military Entrance Processing Command to determine qualification for enlistment in the U.S. armed forces.