In Order for Information to Be Considered "Scientific" Information, It

question 33

True/False

In order for information to be considered "scientific" information, it should be information that stays the same over time.

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Definitions:

Fallacy of Composition

The erroneous belief that what is true for a part will also be true for the whole, or that individual actions will have the same effect when applied collectively.

Positive Economics

The scientific study of “what is” among economic relationships.

Normative Economics

Judgments about “what ought to be” in economic matters. Normative economic views cannot be proved false because they are based on value judgments.

Unintended Consequences

Outcomes that are not the ones foreseen or intended by a purposeful action.