Which of the Following Is True

question 67

Multiple Choice

Which of the following is true?

• A) Economists formulate a theory and then sometimes try to verify the theory with real-world observations.
• B) Real-world observations are used to formulate an economic theory,but this is of little use to policymakers.
• C) Once an economic theory is developed,it is rarely tested against real-world observations.
• D) When a policymaker has an idea about how to advance economic growth,he or she will ask an economist to formulate a theory,and then this will be compared to real-world observations.
• E) Real-world observations motivate economists to formulate theories about how economic growth evolves,and these theories are then used and reevaluated as new data become available.

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Definitions:

Mean-Spirited Comment

A demeaning or harmful remark intended to hurt or criticize someone.

Written Part

A component or section of an examination, document, or any piece of communication that is expressed through writing.

Digital Self

An individual's presence, identity, and interactions in digital environments and through digital platforms, including social media and online communities.

Outwardly Oriented

Refers to focusing attention or resources on external factors or the outside world rather than internal or personal issues.