A Good Economic Theory

question 90

Multiple Choice

A good economic theory:

• A)must be based on assumptions
• B)explains economic behavior and predicts well.
• C)can always be proved by past economic events.
• D)always provides a highly detailed analysis of an economic sector.
• E)must be based on rigorous mathematical calculations.

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Definitions:

Convergent Thinking

A cognitive process where a problem is solved by applying known rules and logic to narrow down to a single solution.

Novel

New or original, especially in relation to stories, inventions, or ideas not previously seen or experienced.

Brain Imagery

The use of various medical imaging techniques to visualize the structure and function of the brain for diagnosis and treatment planning.

Increased Intelligence

The improvement or enhancement of cognitive functions, including memory, problem-solving, and creativity, over time.