Author Question: Define the concept used in economics known as Ockham's Razor. What will be an ideal ... (Read 86 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
Define the concept used in economics known as Ockham's Razor.
 
  What will be an ideal response?

Question 2

The currency adopted by most countries in Western Europe is referred to as the
 
  A) euro. B) pound. C) Eurodollar. D) yen.



at

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

Ockham's Razor is the principle that irrelevant data should be cut away.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library