Ahypothesis in an economic model is a statement that may be either correct or incorrect about an economic variable. a. tested before it can be accepted (or not rejected).b. a statement that ma either current or incorrect about an economic variable. c. usually about a causal relationship. d. all of the above—an economic variable is something measurable that can have different values. an economic hypothesis is usually about a causal relationship. before accepting a hypothesis, we must test it.
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Ahypothesis in an economic model is a statement that may be either correct or incorrect about an eco...
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