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Author Question: Complete the following analogy: A criminal is to a police artist's sketch as the economy is to: a. ... (Read 80 times)

cnetterville

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Complete the following analogy: A criminal is to a police artist's sketch as the economy is to:
 a. money.
  b. an economic model.
  c. a resource.
  d. Ceteris paribus.
  e. scarcity.

Question 2

An economic model is:
 a. a plastic scaled version of the economy.
  b. a complete depiction of reality.
  c. an abstraction from reality.
  d. applicable to consumer behavior but not to producer behavior.
  e. not an accepted tool of the economics profession.



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kiamars2010

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Answer to Question 1

b

Answer to Question 2

c




cnetterville

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


kjohnson

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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