Most Economists Consider a Theory a Good One If It

question 79

True/False

Most economists consider a theory a good one if it predicts well.

---

Definitions:

First Amendment

An amendment to the U.S. Constitution that safeguards freedoms including speech, religion, assembly, and the press from governmental restrictions.

Misleading

Information or statements that give a false idea or impression, leading others to believe something that is not true.

Indirect Taxes

Taxes levied on goods and services rather than on income or profits, such as sales tax or VAT.

Federal Government

The federal government is the national government of a federal country, which holds the authority to govern the nation as a whole and is composed of several separate levels, including a central governing body and state or provincial governments.