Examlex
Which of the following is true?
i.A rational choice is always made in the pursuit of social interest.
ii.Economics is a social science.
iii.Economists try to understand how the economic world works by testing positive statements.
Hypotheses
Proposed explanations or predictions that can be tested by observations or experiments.
Variables
Elements or factors within research or data that can change and potentially affect the outcomes of experiments or studies.
Predictions
Statements about what is believed will happen in the future based on current evidence or hypotheses.
Lawful Order
A command or direction that is issued by a person in authority and that is legal in nature, requiring compliance.
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