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Author Question: Billy developed an economic model to describe the behavior of a stock market index. His model ... (Read 61 times)

mcmcdaniel

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on: Jul 1, 2018
Billy developed an economic model to describe the behavior of a stock market index. His model predicts that the index increases on Mondays and declines on the other days of the week. What can be said about Billy's model?
 
  A) The model's predictions are ambiguous and cannot be tested.
  B) The model's predictions are not ambiguous and cannot be tested.
  C) The model's predictions are ambiguous and can be tested.
  D) The model's predictions are not ambiguous and can be tested.

Question 2

Which of the statements below is/are normative?
 
  A) Economists need to include more reality in their models.
  B) Economists will use a model until it is refuted by someone.
  C) Microeconomists study economic growth.
  D) B and C
Microeconomics ¦ Perloff ¦ 8th Edition
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duy1981999

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mcmcdaniel

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Reply 2 on: Jul 1, 2018
:D TYSM

bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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