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_____ Is the Process Through Which Researchers Build Theory That

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_____ is the process through which researchers build theory that is grounded, or based on the data collected.


Definitions:

Supply-Side

Economic policies or conditions focused on increasing the supply of goods and services, typically involving tax cuts or incentives for producers.

New Classical Economists

Economists who advocate for the theory that markets are clear and that economic players always make rational decisions based on available information.

Keynesians

Economists and theories following John Maynard Keynes, focusing on the significance of demand for goods and services as the primary driving force in an economy.

Economic Behaviorists

Researchers or theorists who study the decision-making processes of individuals and institutions, often investigating how psychological, social, cognitive, and emotional factors affect economic decisions.

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