The Collection and Use of Data to Test Economic Theories

question 94

Multiple Choice

The collection and use of data to test economic theories is

• A) empirical economics.
• B) descriptive economics.
• C) normative economics.
• D) positive economics.

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Definitions:

Equal Protection Clause

A provision in the Fourteenth Amendment of the U.S. Constitution prohibiting states from denying any person within its jurisdiction the equal protection of the laws.

Discriminate

To treat someone differently or less favorably on the basis of certain characteristics, such as race, age, or gender, often in a way that is unfair or illegal.

Ex Post Facto

A law that retroactively changes the legal consequences or status of actions that were committed before the enactment of the law.

Rights Warning

Typically refers to the Miranda warning, a notification given by police in the U.S. to criminal suspects in police custody, advising them of their right to silence and legal counsel.