After a Researcher Has Identified a Problem That (S)he Would

question 36

Multiple Choice

After a researcher has identified a problem that (s) he would like to explore,what is the next step in the scientific method?

• A) Report the question to established professional journals so that other researchers can get to work trying to find an answer.
• B) Gather data that can be used to generate a hypothesis about the research question.
• C) Formulate a hypothesis, or an educated guess, as to what the answer to the research question will be.
• D) Conduct background research to see what others have found about the question being explored.

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced in a country in real terms.

Federal Budget

An annual financial statement presented by the government, detailing its expected revenue and proposed spending for the coming fiscal year.

Economic Booms

Periods of significant economic growth and prosperity, often characterized by increased production, sales, and employment rates.

Fiscal Policy

Government policies relating to taxation and spending that are used to influence economic conditions, including managing inflation and unemployment.