Why Do Economists Test Their Hypotheses

question 222

Multiple Choice

Why do economists test their hypotheses?

• A) to see whether people are motivated by self-interest
• B) to see whether their models predict the choices people will make
• C) to determine whether government policies have effectively achieved their goals
• D) to learn what people are thinking when they make the choices they do

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Definitions:

Subcutaneously

Refers to administering medication or fluids into the layer of tissue beneath the skin.

Sliding Scale Insulin Order

A method of adjusting insulin doses based on blood sugar levels, typically given according to predetermined scales.

Glycosolated Hemoglobin

A measure of the average blood sugar levels over the past 3 months, used to monitor the long-term control of diabetes mellitus.

Fasting Blood Glucose

The level of sugar in the blood after abstaining from eating or drinking calories for at least 8 hours.