Theory in economics a. involves some simplification of reality b. bears no relation to reality c. ...

Author Question: Theory in economics a. involves some simplification of reality b. bears no relation to reality c. ... (Read 129 times)

Cooldude101

Hero Member
Posts: 557

on: Jul 1, 2018

Theory in economics
a. involves some simplification of reality
b. bears no relation to reality
c. approaches reality in all its complexity
d. involves so much distortion of reality that it is worthless
e. focuses on the unique aspects of each situation

Question 2

Most economists consider a theory a good one if it predicts well.
a. True
b. False

chreslie

Sr. Member
Posts: 307

Reply #1 on: Jul 1, 2018

Answer to Question 1

A

Answer to Question 2

A

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