The Second Step of the Scientific Method Is

question 54

Multiple Choice

The second step of the scientific method is:

• A)observing and describing a phenomenon.
• B)testing a research question or hypothesis.
• C)generating a hypothesis.
• D)collecting data.

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Definitions:

Expansionary Monetary Policy

A form of economic policy that aims to increase the money supply and reduce interest rates to stimulate economic growth.

Economic Stability

Economic Stability is a condition in which an economy experiences constant growth, moderate inflation, and low unemployment rates over time.

Policy Shifts

Changes in governmental strategies, regulations, or guidelines that influence the economic, social, or political landscape.

External Benefit

Spillover effects that generate benefits for non-consenting parties.