Which of the following is a feature of the scientific method?

A) The scientific method is not based on data, statistics, or measurements.
B) The scientific method allows improvisation and correction of inconsistent models.
C) The scientific method enables the creation of perfectly accurate models of the real world.
D) The scientific method is used only for studying topics related to economics.

B

Economics

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From 1900 to 2013 real GDP per person in the U.S. has ________

A) doubled B) grown by a factor of four C) grown by a factor of nine D) grown by a factor of twenty E) declined

Economics

Discount rate is the interest rate on the loans that the Fed makes to banks.

Answer the following statement true (T) or false (F)

Economics