For Students, What Is the First Step in Conducting Scientific

question 67

Multiple Choice

For students, what is the first step in conducting scientific research?

• A) Developing a focused research question
• B) Identifying an area of original research
• C) Identifying a professor or other experienced researcher to serve as a mentor
• D) Find one or more senior colleagues who are willing to serve as formal or informal mentors

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Definitions:

Disinflation

A decrease in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.

Financial Crisis

A situation where financial assets suddenly lose a large part of their nominal value, often leading to bankruptcies, bank failures, and economic downturns.

Price Level

A measure of the average prices of goods and services in an economy, indicating inflationary trends and purchasing power.

Adverse Supply Shock

An unexpected event that suddenly decreases the supply of a commodity or service, leading to increased prices and potentially stalling economic output.