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Author Question: Choose the answer that best explains why economists build models that abstract from the complexities ... (Read 81 times)

olsonmanny@gmail.com

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on: Oct 12, 2022

Question 1

Which of the following pairs of words have similar meanings?
◦ independent and exogenous
◦ induced and autonomous
◦ dependent and exogenous
◦ induced and exogenous
◦ endogenous and autonomous

Question 2

Choose the answer that best explains why economists build models that abstract from the complexities of reality.
◦ Because the complexities of reality are unimportant.
◦ Because economics deals only in the abstract.
◦ Because they believe they gain a greater understanding of reality.
◦ Because this allows economists to conduct controlled experiments to test their theories.
◦ Because economists are not interested in reality.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by olsonmanny@gmail.com on Oct 12, 2022

nora9826

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Reply #1 on: Oct 12, 2022
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.
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olsonmanny@gmail.com

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Reply 2 on: Oct 12, 2022
:D TYSM

helenmarkerine

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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