« previous next »

Author Question: Economic theory a. expresses normative values b. invents imaginative and interesting stories c. ... (Read 17 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jul 1, 2018
Economic theory
 a. expresses normative values
  b. invents imaginative and interesting stories
  c. predicts the behavior of a specific economic decision maker after an economic change
  d. predicts the average behavior of a group of similar economic decision makers after an economic change
  e. uses only perfect and complete information

Question 2

A model that sometimes makes incorrect predictions may be used by economic decision makers
 a. under no circumstances
  b. only if its assumptions are detailed and realistic
  c. if it is mathematical and computerized
  d. if it is simple enough for a child to understand
  e. until a better model is developed


raenoj

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
International Economics: Theory and Policy (10th Edition) International Economics: Theory and Policy (10th Edition)
economic question economic question
economic question economic question
economic question economic question
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library