Theoretical Creations That Are Based on Observations but That Cannot

question 55

Multiple Choice

Theoretical creations that are based on observations but that cannot be observed directly or indirectly are known as

• A)constructs.
• B)dimensions.
• C)indicators.
• D)theories.
• E)corroboration

---

Definitions:

Stronger Dollar

A situation where the value of the U.S. dollar increases relative to other currencies in the global market, making imports cheaper and exports more expensive.

American Consumers

Individuals or households in the United States that purchase goods and services for personal use.

Gold Standard

A financial framework in which a nation's paper currency holds a direct value correlation with gold.

Trade Deficits

A situation where a country's imports exceed its exports, leading to more money leaving the country than coming in.