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 85 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?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Research Methods: Advantages and Limitations Research Methods: Advantages and Limitations
economic question economic question
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Research Methods Research Methods
Video: Ear Virtual Tour Animation

For a complete list of videos, visit our video library