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laywatdut laywatdut
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A year ago
Suppose economists at the World Bank develop a theory with a prediction that increased levels of foreign aid lead to increases in per capita GDP in the recipient developing countries. They find empirical evidence that is consistent with this theory. The economists are able to conclude that

▸ the assumptions used in the theory have been proven correct.

▸ the theory is valid, but should be subjected to continued scrutiny.

▸ the evidence is rejected by the theory.

▸ the theory has been proven correct.

▸ the theory is always reliable.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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GlitterBug11GlitterBug11
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A year ago
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laywatdut Author
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Helped a lot
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Just got PERFECT on my quiz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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