Instead of Conducting Laboratory Experiments to Generate Data to Test

question 236

Multiple Choice

Instead of conducting laboratory experiments to generate data to test their theories,economists often

• A)ask winners of the Nobel Prize in Economics to evaluate their theories.
• B)argue that data is impossible to collect in economics.
• C)gather data from historical episodes of economic change.
• D)assume that data would support their theories.

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Definitions:

Reasonable Risk

Reasonable risk involves a risk level that a prudent person would consider acceptable in order to achieve a specific benefit or goal.

Battery

In legal terms, an intentional unconsented-to physical contact or harm caused by one person to another.

Assault

An act creating a fear in another person of imminent harmful or offensive contact.

Intrusion

Unauthorized or unwanted entry into another person’s space, privacy, or affairs.