Author Question: Define the concept used in economics known as Ockham's Razor. What will be an ideal ... (Read 85 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?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

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?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library