Instructions: Identify the Following Terms

question 20

Short Answer

Instructions: Identify the following terms:
Supply-side economics

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Definitions:

Anecdotal Evidence

Information derived from personal stories, experiences, or observations, without scientific backing, often used to support or refute a claim or belief.

Parsimonious

Describing an approach that is simple or economical in nature, often used in scientific theories that prefer the simplest explanation.

Statistically Significant

A result or effect size in an experiment or study that is unlikely to have occurred by chance, indicating a meaningful difference or relationship.

Replicable

Describes a study or experiment whose results can be achieved again when the study is repeated under the same conditions.