The First Step in the Scientific Method Is ____; the Third

question 286

Multiple Choice

The first step in the scientific method is ____; the third step is to ____.

• A) identifying a question of scientific interest; choose a research method and a research design
• B) forming a hypothesis; choose a research method and a research design
• C) identifying a question of scientific interest; collect data to test the hypothesis
• D) collecting data to test the hypothesis; choose a research method and a research design

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Definitions:

APS

Average Propensity to Save (APS) is the ratio of total savings to total disposable income, indicating the portion of income that households save rather than spend.

Total Saving

The total amount of income saved by individuals, businesses, and the government, not spent on current consumption.

Disposable Income

The amount of income left for an individual or household after paying all taxes, available for spending, saving, or investing.

Autonomous Consumption

The level of consumption that occurs when income is zero, showing the basic level of consumption necessary for survival.