It Is Difficult to Test the Kondratieff Wave Theory Because

question 61

Multiple Choice

It is difficult to test the Kondratieff wave theory because ________.

• A) it applies to only Russian stocks
• B) its main proponent found contrary research results
• C) only two independent data points are generated each century
• D) the stock market is too volatile to generate smooth waves

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Definitions:

Hypothetical Imperative

A command of reason that applies conditionally, suggesting an action to achieve a specific end, as opposed to a categorical imperative which is unconditional.

Humanity

The collective human race or the qualities, such as compassion and kindness, that are considered characteristic of humans.

Moral Law

The principles concerning the distinction between right and wrong behavior, often considered as inherent to human nature or divine command.

Law of Reason

A philosophical idea that moral and legal norms should be grounded in rational thought and logic.