An economic theory is tested by:
a. assessing the realism of its assumptions
b. polling economists to see if there is consensus as to the validity of the hypothesis.
c. comparing and contrasting its simplicity with related theories.
d. comparing its predictions with real-world data.
d
Economics
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Bond prices and interest rates are inversely related
Indicate whether the statement is true or false
Economics
Violent protests against the WTO meeting in Seattle reflected popular concerns over
A. the consequences of globalization. B. high tariffs. C. the lack of exports. D. the 2000 Presidential election outcome.
Economics
Explain the concept of notional principal used in swaps.
What will be an ideal response?
Economics
Why do economists predict that investment increases when the real rate of interest falls?
What will be an ideal response?
Economics