Which of the following is NOT part of the scientific method in economics?
A) making normative statements
B) comparing predictions to evidence
C) formulating a hypothesis
D) creating a hypothesis

Question

Which of the following is NOT part of the scientific method in economics?  
A) making normative statements 
B) comparing predictions to evidence 
C) formulating a hypothesis 
D) creating a hypothesis

Quizplus · Accepted Answer

Making normative statements involves expressing opinions or value judgments, whereas the scientific method in economics focuses on using empirical evidence and observations to develop and test hypotheses. The other options - comparing predictions to evidence, formulating a hypothesis, and creating a hypothesis - are all important parts of the scientific method in economics.

Which of the Following Is NOT Part of the Scientific