Empirical Economics Refers to the

question 71

Multiple Choice

Empirical economics refers to the

• A) exclusion of irrelevant data when analyzing a model.
• B) collection and use of data to test economic theories.
• C) model of economics used prior to the Industrial Revolution.
• D) belief that what is true for a part is necessarily true for the whole.

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Definitions:

Hilgard

Hilgard refers to Ernest Hilgard, a psychologist known for his research on hypnosis, especially his theory of a "hidden observer" in the hypnotic state.

Dream Differences

The variation in dream content, frequency, and significance among different individuals, often influenced by cultural, psychological, and personal factors.

Strangers

Individuals who are unknown or unfamiliar to someone.

Hypnotic Induction

A process through which a practitioner leads a person into a state of heightened suggestibility and relaxation, marking the beginning of a hypnosis session.