This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economic models are most useful in A) predicting changes in one variable due to a change in one ... (Read 46 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jul 1, 2018
Economic models are most useful in
 
  A) predicting changes in one variable due to a change in one or more other variables.
  B) predicting the direction of the stock market.
  C) explaining the future with the past.
  D) generating untestable hypotheses.

Question 2

If an important assumption is omitted from an economic model,
 
  A) the model's predictions will be accurate 50 of the time.
  B) the model's predictions will be inaccurate.
  C) the model will not predict anything.
  D) the model will be rejected by other economists.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Shshxj

  • Sr. Member
  • ****
  • Posts: 335
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.
Answer Preview
Only 42% of students answer this correctly


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The Revolutionary Change in the U.S Workforce The Revolutionary Change in the U.S Workforce
Natural Causes of Climate Change Natural Causes of Climate Change
Climate Change Climate Change
Climate Change Climate Change
Barenboim's study show the change in children's descriptions of their peers Barenboim's study show the change in children's descriptions of their peers
economic question economic question
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library