Examlex
At the potential level of output,there is no structural unemployment.
Induction
Reasoning from observations to a theory that might explain the observations.
Empiricism
The view that knowledge should be based on experience and observation, on empirical as opposed to theoretical knowledge.
Positivism
A philosophical theory that asserts that genuine knowledge is based on natural phenomena and their properties and relations as verified by empirical sciences.
Rationalism
A philosophy that emphasizes reason and knowledge acquisition through deductive reasoning and logical analysis, rather than empirical evidence.
Q24: In an economy characterized by Exhibit 11-3,there
Q32: When many depository institutions--especially thrifts--failed in the
Q33: The only way in which government can
Q53: In the 1970s,U.S.consumers transferred their deposits from
Q61: Falling interest rates usually increase bank profits
Q71: The Golden Age of fiscal policy was
Q92: The aggregate expenditure model is<br>A)most useful in
Q101: The smaller the marginal propensity to save,other
Q137: Out of disposable income,households<br>A)consume and save<br>B)consume and
Q205: The actions of the Fed<br>A)must be approved