Philo Holds That We Can Infer a Cause from an Effect

question 105

True/False

Philo holds that we can infer a cause from an effect only when we repeatedly experience their constant conjunction and only by a habit of thought.

---

Definitions:

Positive Economic Statement

An objective statement that can be tested or validated through observation or empirical evidence.

Economic Theory

A framework or set of principles formulated to analyze the economy and make predictions about various economic scenarios.

Rational Self-Interest

A theory that suggests individuals always make decisions that they perceive to be in their own best interest.

Pure Selfishness

an ethical or philosophical perspective prioritizing self-interest or personal gain above the welfare of others.