Absent regulation of the money supply, the money supply would likely reflect the business cycle

Which of the following statements is true?

A) Data are facts established by observation and measurement. B) Theories are statistics that describe the real world. C) Hypotheses are predictions that can be tested with data. D) Empirical evidences are facts, measurements, or statistics that describe the world.

It is possible for every nation to have BOP surpluses

Indicate whether the statement is true or false