What Is a Hypothesis

question 215

Multiple Choice

What is a hypothesis?

• A) an idea about the laws that govern phenomena
• B) a testable statement about the way variables are related
• C) a reasoning process that proceeds from specific to general
• D) a belief based on a researcher's objective sense of reality

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Definitions:

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without intervention by the government or policymakers.

Business Cycle

The fluctuating levels of economic activity over time, including periods of expansion, peak, recession, trough, and recovery.

Recessionary Gap

A situation in an economy where the actual output is less than the potential output, indicating underutilized resources and unemployment.

Raise G

This term is ambiguous without context, but it could refer to increasing government spending or investment in certain contexts.