The definition of a model is a:
a. description of all variables affecting a situation.
b. positive analysis of all variables affecting an event.
c. simplified description of reality to understand and predict an economic event.
d. data adjusted for rational action.
Question 2
An economic theory claims that a rise in gasoline prices will cause gasoline purchases to fall, Ceteris paribus. The phrase Ceteris paribus means that:
a. other relevant factors like consumer incomes must be held constant.
b. the gasoline prices must first be adjusted for inflation.
c. the theory is widely accepted but cannot be accurately tested.
d. consumers' need for gasoline remains the same regardless of the price.
A model for recessive epistasis
Fluid mosaic model
brain model
The human integration pyramid care model
Allyl isothiocyanate, ball and stick model
Descartes's model of simple reflexes