Which of the Following Terms Implies the Greatest Degree of Confidence

question 23

Multiple Choice

Which of the following terms implies the greatest degree of confidence in an economic generalization?

• A) hypothesis
• B) comparison
• C) theory
• D) anomaly

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Definitions:

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later, often larger or more satisfying, reward.

Immediate Sacrifices

Refers to foregoing short-term pleasures or benefits in favor of long-term goals or rewards.

Self-Defeating Behavior

Any action by which people bring failure, suffering, or misfortune on themselves.

Fear Of Success

The apprehension or anxiety some individuals feel about achieving high levels of success, due to potential negative consequences or changes that success might bring.