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

Author Question: Economic models are most useful in A) predicting changes in one variable due to a change in one ... (Read 16 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jul 1, 2018
Economic models are most useful in
 
  A) predicting changes in one variable due to a change in one or more other variables.
  B) predicting the direction of the stock market.
  C) explaining the future with the past.
  D) generating untestable hypotheses.

Question 2

If an important assumption is omitted from an economic model,
 
  A) the model's predictions will be accurate 50 of the time.
  B) the model's predictions will be inaccurate.
  C) the model will not predict anything.
  D) the model will be rejected by other economists.
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

Shshxj

  • Sr. Member
  • ****
  • Posts: 335
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 42% of students answer this correctly


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jul 1, 2018
Gracias!

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Determine the enthalpy change of this reaction Determine the enthalpy change of this reaction
economic question economic question
economic question economic question
Economic question Economic question
Economic practice question Economic practice question
Separation of variable number tandem repeat (VNTR) alleles after PCR amplification Separation of variable number tandem repeat (VNTR) alleles after PCR amplification
Video: The Nerve Impulse

For a complete list of videos, visit our video library