Choose the Statement That Best Characterizes an Economic Theory

question 62

Multiple Choice

Choose the statement that best characterizes an economic theory.An economic theory

• A)must be judged on its ability to explain and predict real- world phenomena.
• B)is only useful if its underlying assumptions are realistic.
• C)will predict more accurately if it contains a greater number of mathematical equations.
• D)will be useful only if all human behaviour is rational.
• E)will be useful as long as it is logically consistent.

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Definitions:

Increased B State

This term appears to be fabricated or too specific without a widely recognized definition in scientific literature, so I'll say NO.

Aversive A State

Likely refers to an aversive state, a condition or situation that an organism seeks to avoid due to it being unpleasant or painful.

Aversive B State

A theoretical state arising from a negative stimulus, driving an organism to action to avoid discomfort or unpleasant outcomes; not a widely used or recognized term in psychology, so context-specific definition might vary.

A State

A temporary condition or phase that an individual or system experiences, which can influence thoughts, feelings, and behaviors.