When Economists Make Positive Statements,they Are

question 47

Multiple Choice

When economists make positive statements,they are

• A)speaking as scientists.
• B)speaking as policy advisers.
• C)making claims about how the world should be.
• D)revealing that they are very conservative in their views of how the world works.

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Definitions:

Theoretical Orientation

A specific set of beliefs, attitudes, and practices that guide a therapist or counselor in their approach to understanding clients' issues and helping them.

Deductive Logic

A method of reasoning from one or more statements (premises) to reach a logically certain conclusion, based on the principle that if the premises are true, the conclusion must be true.

Formal Operational

This refers to the final stage in Piaget's theory of cognitive development, where individuals (typically adolescents and adults) gain the ability to think abstractly, logically, and systematically.

Hypothesis Testing

A statistical method that is used to determine whether there is enough evidence in a sample of data to infer that a certain condition is true for the entire population.