Which of the Following Statements Is (Are)correct

question 327

Multiple Choice

Which of the following statements is (are) correct?

• A) Relative to other scientists,economists find it more difficult to generate useful data.
• B) Theory and observation are important in economics as well as in other sciences.
• C) To obtain data,economists often rely upon the natural experiments offered by history.
• D) All of the above are correct.

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Definitions:

Subsidiary

A company that is completely or partly owned and partly or entirely controlled by another company, which is referred to as the parent company.

Upstream

In an industry context, refers to the exploration and production stages in oil and gas, or more generally, to processes or activities that occur at the beginning of a supply chain.

Consolidated Amount

The total sum resulting from the combination of various items, expenses, revenues, or financial statements.

Direct Approach

A method of presentation in cash flow statements where actual cash flow information from operating activities is presented directly.