Macroeconomists Are Like Scientists Because They Both

question 20

Multiple Choice

Macroeconomists are like scientists because they both:

• A) design data and conduct controlled experiments to test their theories.
• B) rely on data analyzed from experiments they set up in a laboratory.
• C) are unlimited in their use of controlled experiments.
• D) collect data, develop hypotheses, and analyze the results.

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Definitions:

Learning By Observation

Learning by observation involves acquiring new behaviors, skills, or attitudes through watching others, also known as social learning or modeling.

Classical Conditioning

A learning process in psychology that involves creating an association between a naturally occurring stimulus and a previously neutral one.

Mere Exposure Effect

The mere exposure effect is a psychological phenomenon where people tend to develop a preference for things simply because they are familiar with them.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.