2 Secure https//www.mathxd.com/Student/PlayerHomework.aspx2homeworklo ter 1 5/18

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2 Secure https//www.mathxd.com/Student/PlayerHomework.aspx2homeworklo ter 1 5/18 ECON 201-101/Fall 2018 poi que Homework: Chapter 1 Homework tyou score: 0 of 1 pt 16 of 41 (14 c s:41 Concept: Hypothesis A hypothesis in an economic model is O A. usually about a causal relationship. O B. tested before it can be accepted (or not rejected) O C. a statement that may be either correct or incorrect about an economic variable. O D. all of the above. go to y Click to select your answer and then click Check Answer 2018)

Explanation / Answer

Hypothesis is a statement about the assumption of relationship between economic variables. The hypothesis might be true or false. It may either be accepted or rejected based on the assumptions, relevant data and tests adopted.

Thus the correct option is C.

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