This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How is economic research similar to the research in other branches of ... (Read 83 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
How is economic research similar to the research in other branches of science?

Question 2

One explanation for the status quo bias is an aversion to loss.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

Economists use the same principles that guide the research in other branches of science like physics and chemistry. Economists combine their factual knowledge, data, and logic to build models and derive hypotheses from them that can be tested against reality.

Answer to Question 2

True


urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jun 30, 2018
Thank you :)


anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Research Report Evaluation Worksheet Research Report Evaluation Worksheet
IPCC economic scenarios IPCC economic scenarios
Relationship between Economic Openness and GDP per Capita Relationship between Economic Openness and GDP per Capita
economic economic
economic question economic question
economic question economic question
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library