Which of the Following Qualifies as Empirically-Based Knowledge

question 218

Multiple Choice

Which of the following qualifies as empirically-based knowledge?

• A) intuition
• B) insight
• C) logical consistency
• D) observed actions

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Definitions:

Real Estate

Pertains to land and any permanent structures or improvements attached to it, such as buildings, houses, and other property types.

Federal Funds Market

A market for overnight lending and borrowing of reserves among banks; the interbank market for reserves on account at the Fed.

Required Reserves

The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by regulatory bodies.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance federal government spending.