Generally, Distinguished Scientists

question 10

Multiple Choice

Generally, distinguished scientists

• A) always agree if they really are expert scientists.
• B) may have different interpretations of the same evidence.
• C) never disagree once a theory is established.
• D) believe each other and support each other in their work.
• E) always disagree so they can prove theories.

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Definitions:

Inferior Good

A type of good whose demand decreases as the income of consumers increases, contrasting with normal goods.

Supply

The total amount of a good or service that is available for purchase at any given price.

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied does not change in response to a price change.

Recession

A period of declining real GDP, accompanied by lower real income and higher unemployment.