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Author Question: A theory is: a. based only on critical factors or variables. b. a simplified abstraction of the ... (Read 72 times)

nautica902

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on: Jun 30, 2018
A theory is:
 a. based only on critical factors or variables. b. a simplified abstraction of the real world.
  c. a detailed description of reality. d. a and b.

Question 2

A model is defined as a:
 a. description of all variables affecting a situation.
  b. positive analysis of all variables affecting an event.
  c. simplified description of reality to understand and predict an economic event.
  d. prediction based on historical evidence.


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dlook33

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


nautica902

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

vickybb89

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

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