Which of the following statements is true?
A) Theories are statistics that describe the real world.
B) Hypotheses are predictions that can be tested with data.
C) Data are facts established by observation and measurement.
D) Empirical evidences are facts, measurements, or statistics that describe the world.
B
You might also like to view...
Which of the following is NOT money?
A) currency B) checking deposits C) checks in the checkbook D) All of the above are money.
In an economy with money, as opposed to barter, people are more likely to specialize in the production of goods and services
Indicate whether the statement is true or false
The production possibilities curve shows all possible combinations of
A) two goods that are desired by society. B) two goods that can be efficiently produced with a given set of resources. C) two goods that can be purchased given the prices of the goods. D) two goods that two countries can trade with each other.
A multinational agency that specializes in making loans to a larger number of developing nations to promote long-term development and growth is
A) the International Bank. B) the World Bank. C) the International Monetary Fund. D) the World Monetary Fund.