Which of the following statements is true? A. Economics is a science since the study of economics uses models and theories that are subject to empirical testing. B. In order for a discipline to be considered a science it must be possible to set up laboratory experiments. C. Economics is not a science since only biology, physics and chemistry can be called a science. D. Economics is not a science since the models developed are a simplification of the real world.

A. Economics is a science since the study of economics uses models and theories that are subject to empirical testing. This is the correct answer. More test answers on https://studyhippo.com/microeconomics-chapter-1-13/

Which of the following is a correct statement? Select one: a. Economics is concerned only with explaining the way that economies actually operate and not with how they should operate. b. Though not quantitatively exact, economic laws are useful because they allow us to predict and, therefore, to control or to adjust to events. c. Economics is as scientific as physics and chemistry because economic laws are as quantitatively precise as the laws of physics or chemistry. d. Because economics is concerned with questions of “ought,” it is a branch of applied ethics and not scientific. e. Economics is concerned with how economies should operate and not with how they do operate.

b. Though not quantitatively exact, economic laws are useful because they allow us to predict and, therefore, to control or to adjust to events. More test answers on https://studyhippo.com/buad-113-economics-54628/

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Physics And Chemistry Flashcards, test questions and answers

Discover flashcards, test exam answers, and assignments to help you learn more about Physics And Chemistry and other subjects. Don’t miss the chance to use them for more effective college education. Use our database of questions and answers on Physics And Chemistry and get quick solutions for your test.

What is Physics And Chemistry?

Physics and chemistry are two sciences that have been studied for centuries. Both of these sciences have played an incredibly important role in the advancement of technology and our understanding of the world around us.At their core, physics and chemistry are both concerned with how matter behaves, interacts, changes, and is affected by energy. Physics studies the properties of matter such as energy, motion, force, and electromagnetism while chemistry focuses on how atoms interact with each other to form molecules and compounds. Although they may seem like completely different disciplines at first glance, they actually share a lot in common. Both rely heavily on mathematics to describe physical laws governing these interactions between particles; both involve experimentation to test hypotheses; and both use models to help explain the behavior of matter. In terms of application in everyday life, physics is more related to engineering whereas chemistry is closely connected to medicine. For example, engineers use physics principles such as thermodynamics or mechanics when designing machines or structures while medical professionals utilize knowledge from organic chemistry when researching new treatments or drugs for diseases. Both physics and chemistry also play an essential role in understanding the world around us – from figuring out why apples fall from trees (gravity) or why certain elements react explosively (chemical reactions). Without these two sciences we wouldn’t be able to develop new medicines for diseases or build bridges across rivers – we wouldn’t even be able to send astronauts into space. Ultimately it can be said that physics and chemistry are interconnected fields which offer humanity incredible insight into nature’s secrets – they are two sides of the same coin that no one can do without.