Which of the following is an accurate statement about a theory?
a. It is accepted as being true for all time.
b. It has a broader scope than a hypothesis.
c. It has little relation with the real world.
d. It is tentatively accepted as being accurate.
d. It is tentatively accepted as being accurate.
You might also like to view...
Starting from long-run equilibrium, a large increase in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; potential B. recessionary; higher; potential C. recessionary; lower; lower D. expansionary; higher; higher
When people exchange money for financial assets, the _____ rises.
Fill in the blank(s) with the appropriate word(s).
Identify the factors that affect elasticity of demand
What will be an ideal response?
What are the factors that affect the supply curve for labor?
What will be an ideal response?