Author Question: A model: A) is often based on simplifying assumptions that are not necessarily true. B) can be ... (Read 99 times)

kamilo84 · **on:** Jun 29, 2018

A model:

A) is often based on simplifying assumptions that are not necessarily true.
B) can be tested without data or statistics.
C) is a more complex representation of reality than a theory.
D) can never be used to predict the future but helps explain the past.

Question 2

Assuming everyone wants to advance their interests in an effective way is an assumption of

A) capitalism.
B) economic theory.
C) government.
D) selfishness.