Which of the Following Statements Is True of Scientific Theory

question 4

Multiple Choice

Which of the following statements is true of scientific theory?

• A) Scientific theories can be proven logically.
• B) There can be one and only one true theory of any social phenomenon.
• C) Theories are less abstract than hypotheses.
• D) Theories are tentative and subject to modification or disconfirmation.

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Definitions:

Fiscal Policy

Government policies related to taxation and spending to influence the economy.

Money Supply

The entire pool of financial assets in an economy, taking into account cash, coins, and all balances in checking and savings accounts, at a certain timeframe.

Recessionary Gap

A situation in economics where aggregate output is below potential output, leading to unemployment and underused resources.

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.