Which of the Following Statements Is True of Theories in Science

question 103

Multiple Choice

Which of the following statements is true of theories in science?

• A) Good theories lead to a number of testable hypotheses.
• B) A good hypothesis will support a number of different theories.
• C) Good theories are likely to be supported by research findings.
• D) Both A and C are true.

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Definitions:

Behavioral Economics

The study of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.

Neoclassical Economics

An approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

Economic Behavior

The actions and decisions individuals, households, and organizations make regarding the allocation and use of resources.

Behavioral Economics Approach

A method of economic analysis that applies psychological insights into human behavior to explain economic decision-making.