Which of the following statements is correct?
A. Theory and hypothesis are interchangeable terms for the same thing.
B. A hypothesis may result from a tested and confirmed theory.
C. A theory may result from a tested and confirmed hypothesis.
D. A hypothesis is a theory whose formulation relies on mathematics.
Answer: C
You might also like to view...
At a constant rate of exchange between currencies, higher inflation makes domestic goods sold abroad ____expensive and, hence, ________ short-run equilibrium output.
A. more; decreases B. less; increases C. more; increases D. less; decreases
Who receives benefits if regulation works according to social interest theory?
A) the entire economy B) cohesive interest groups C) everyone not in the cohesive interest group D) the regulators E) It is impossible to determine who benefits.
A president of the United States promises to produce more defense goods without any decreases in the production of other goods. This promise can be valid
A) if the United States is producing at a point on its production possibilities frontier. B) if the United States is producing at a point inside its production possibilities frontier. C) if the United States is producing at a point beyond its production possibilities frontier. D) only if the production possibilities frontier shifts rightward.
An increase in demand will cause a shortage at the original market price
a. True b. False Indicate whether the statement is true or false