This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Billy developed an economic model to describe the behavior of a stock market index. His model ... (Read 65 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
Billy developed an economic model to describe the behavior of a stock market index. His model predicts that the index increases on Mondays and declines on the other days of the week. What can be said about Billy's model?
 
  A) The model's predictions are ambiguous and cannot be tested.
  B) The model's predictions are not ambiguous and cannot be tested.
  C) The model's predictions are ambiguous and can be tested.
  D) The model's predictions are not ambiguous and can be tested.

Question 2

Which of the statements below is/are normative?
 
  A) Economists need to include more reality in their models.
  B) Economists will use a model until it is refuted by someone.
  C) Microeconomists study economic growth.
  D) B and C
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 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.
Answer Preview
Only 32% of students answer this correctly


mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
Single-cell circulation model Single-cell circulation model
A model of the 70 ribosome, with mRNA and tRNA bound A model of the 70 ribosome, with mRNA and tRNA bound
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Economic objectives of firms Economic objectives of firms
economic question economic question
Video: Stroke volume

For a complete list of videos, visit our video library