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Author Question: For the following, please answer "True" or "False" and explain why.If a model fits reality but ... (Read 280 times)

abern

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Question 1

Explain why economists might disagree on the content of a model.

Question 2

For the following, please answer "True" or "False" and explain why.


If a model fits reality but doesn't generate testable predictions, it is of little value to economists.


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Marked as best answer by abern on Mar 14, 2021

Dinolord

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abern

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Reply 2 on: Mar 14, 2021
Thanks for the timely response, appreciate it


pratush dev

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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