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Author Question: Which of the following statements is true of models? A) The predictions of a model are referred ... (Read 109 times)

melina_rosy

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on: Jun 29, 2018
Which of the following statements is true of models?
 
  A) The predictions of a model are referred to as data.
  B) A model is formulated after developing a hypothesis.
  C) Models are always based on assumptions that are known to be true.
  D) It is more important for a model to be simple and useful than to be precisely accurate.

Question 2

The above figures show the market for gasoline. Which figure shows the effect of a nation-wide strike by municipal bus drivers, which causes more people to drive their cars to work?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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sylvia

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Reply #1 on: Jun 29, 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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melina_rosy

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

yeungji

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

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