Author Question: By using the ceteris paribus assumption in conjunction with a model, economists can A) suspend ... (Read 35 times)

bio_gurl

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By using the ceteris paribus assumption in conjunction with a model, economists can
 
  A) suspend the rationality assumption.
  B) avoid having their model depend on any additional assumptions.
  C) hold certain factors constant.
  D) be sure that the model will predict correctly.

Question 2

Labor productivity increases when
 
  A) the average number of hours people work goes up.
  B) the unemployment rate decreases.
  C) the average output produced per worker during a specified time period increases.
  D) the average output produced per worker during a specified time period decreases.



Athena23

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Answer to Question 1

C

Answer to Question 2

C



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