Which of the Following Is Not Part of a Good

question 87

Multiple Choice

Which of the following is not part of a good scientific theory?

• A)A scientific theory must explain a wide variety of phenomena observed in the natural world.
• B)A scientific theory cannot be accepted until it has been proven true beyond all doubt.
• C)A scientific theory should be based on natural processes and should not invoke the supernatural or divine.
• D)A scientific theory must make testable predictions that, if found to be incorrect, could lead to its own modification or demise.

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Definitions:

Credible Policy

A policy considered by participants in the economy to be likely implemented and maintained over time, thereby influencing their economic decisions.

Lower Inflation

A decrease in the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is increasing.

Effectiveness Lag

The delay between the implementation of a policy and the time it takes for the policy's effects to manifest in the economy.

Monetary Policy

Economic strategy chosen by a government's central bank to control the money supply, aiming at achieving macroeconomic goals such as controlling inflation, consumption, growth, and liquidity.