Most Economists Consider a Theory a Good One If It

question 79

True/False

Most economists consider a theory a good one if it predicts well.

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Definitions:

Schema

A cognitive framework or concept that helps organize and interpret information, based on past experiences and knowledge.

Assimilations

The process of integrating new information into existing cognitive schemas, frameworks, or understandings.

Accommodations

Adjustments made in educational or workplace settings to support individuals with disabilities, ensuring equal access and opportunities.

Assimilation

A cognitive process in Jean Piaget's theory of cognitive development where new information or experiences are integrated into existing schemas or frameworks.