The scientific method is:
A) not applicable to economics because economics deals with human beings.
B) also known as the economic perspective.
C) analysis that moves from broad generalizations called laws to theories and then to hypotheses.
D) used by economists and other social scientists,as well as by physical scientists and life scientists,to formulate and test hypotheses.

Question

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The scientific method is used by economists and other social scientists, physical scientists, and life scientists to formulate and test hypotheses. Option A is incorrect because the scientific method is applicable to economics. Option B refers to a different concept known as the "economic way of thinking," and Option C incorrectly describes the progression of analysis in the scientific method.

The Scientific Method Is