9. Which of the following statements best expresses the Popperian definition of science? (A) We should always follow the science. (B) Science is about the pursuit of truth, beauty, and goodness. (C) Science is an empirical process of trying to prove that claims are false. (D) Science involves observation and replication of physical phenomena. 10. Suppose that St. Catharines has a CPI of 85 and Brampton has a CPI of 100. Which of the following sets of salaries provides the same purchasing power in both cities? (A) $100,000 in St. Catharines and $115,000 in Brampton. (B) $127,500 in St. Catharines and $150,000 in Brampton. (C) $42,500 in St. Catharines and $55,000 in Brampton. (D) $201,500 in St. Catharines and $216,000 in Brampton. 11. Yakuv purchases $5,000 worth of ganja at the grocery store. Which of the following statements is TRUE? (A) The ganja is a real variable and the $5,000 is a nominal variable. (B) The ganja is a nominal variable and the $5,000 is a real variable. (C) Both the ganja and the $5,000 are real variables. (D) Both the ganja and the $5,000 are nominal variables.
9. Which of the following statements best expresses the Popperian definition of science? (A) We should always follow the science. (B) Science is about the pursuit of truth, beauty, and goodness. (C) Science is an empirical process of trying to prove that claims are false. (D) Science involves observation and replication of physical phenomena. 10. Suppose that St. Catharines has a CPI of 85 and Brampton has a CPI of 100. Which of the following sets of salaries provides the same purchasing power in both cities? (A) $100,000 in St. Catharines and $115,000 in Brampton. (B) $127,500 in St. Catharines and $150,000 in Brampton. (C) $42,500 in St. Catharines and $55,000 in Brampton. (D) $201,500 in St. Catharines and $216,000 in Brampton. 11. Yakuv purchases $5,000 worth of ganja at the grocery store. Which of the following statements is TRUE? (A) The ganja is a real variable and the $5,000 is a nominal variable. (B) The ganja is a nominal variable and the $5,000 is a real variable. (C) Both the ganja and the $5,000 are real variables. (D) Both the ganja and the $5,000 are nominal variables.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:9. Which of the following statements best expresses the Popperian definition of science?
(A) We should always follow the science.
(B) Science is about the pursuit of truth, beauty, and goodness.
(C) Science is an empirical process of trying to prove that claims are false.
(D) Science involves observation and replication of physical phenomena.
10. Suppose that St. Catharines has a CPI of 85 and Brampton has a CPI of 100. Which
of the following sets of salaries provides the same purchasing power in both cities?
(A) $100,000 in St. Catharines and $115,000 in Brampton.
(B) $127,500 in St. Catharines and $150,000 in Brampton.
(C) $42,500 in St. Catharines and $55,000 in Brampton.
(D) $201,500 in St. Catharines and $216,000 in Brampton.
11. Yakuv purchases $5,000 worth of ganja at the grocery store. Which of the following
statements is TRUE?
(A) The ganja is a real variable and the $5,000 is a nominal variable.
(B) The ganja is a nominal variable and the $5,000 is a real variable.
(C) Both the ganja and the $5,000 are real variables.
(D) Both the ganja and the $5,000 are nominal variables.
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