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What Is Meant by Saying That Economics Is an Empirical

question 260

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What is meant by saying that economics is an empirical science?


Definitions:

Instrumental Conditioning

Also known as operant conditioning, a learning process in which behavior is strengthened or weakened by its consequences, rewards, or punishments.

Reinforcement

In behavioral psychology, it is any stimulus which strengthens or increases the probability of a specific response.

Response

The reaction or reply to a stimulus or situation in the environment, often studied in psychology to understand behavior.

Operants

Behaviors that are modified by their consequences, a concept central to operant conditioning theory in psychology.

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