The Scientific Method Is Useful

question 96

Multiple Choice

The scientific method is useful:

• A) only in fields of science such as chemistry and physics.
• B) for testing the validity of the prediction of economic theories.
• C) for predicting the behavior of individual consumers and producers.
• D) when no economic variables can be assumed to be constant.
• E) only if a theory has been proven to be true.

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Definitions:

Legal

Pertaining to the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Charismatic

Relating to or characteristic of charisma, involving a compelling charm or presence that inspires devotion or admiration in others.

Historical Data

Pertains to information from the past, collected and analyzed for understanding historical contexts, trends, and patterns.

General Concepts

Broad and abstract ideas or categories that help organize and interpret observations about the world.