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

Author Question: An economic model that contains a highly realistic set of assumptions is (Read 59 times)

curls713

  • Full Member
  • ***
  • Posts: 153
on: Oct 12, 2022
An economic model that contains a highly realistic set of assumptions is
◦ necessarily better able to predict the future.
◦ certainly superior to a model whose assumptions are somewhat unrealistic.
◦ useful because there is then very little difference between "theory" and "reality."
◦ more abstract than a model whose assumptions are further removed from reality.
◦ not likely to be useful because of its particularized nature and its complexity.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by curls713 on Oct 12, 2022

jojomac20

  • Full Member
  • ***
  • Posts: 149
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.
Answer Preview
Only 25% of students answer this correctly


curls713

  • Member
  • Posts: 153
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

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

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Dual Systems Model of Risk-Taking Dual Systems Model of Risk-Taking
Diesel combustion occurs when fuel is injected into the hot, highly compressed air in the cylinder. Diesel combustion occurs when fuel is injected into the hot, highly compressed air in the cylinder.
A Mental Model A Mental Model
Strand displacement model for mitochondrial DNA replication Strand displacement model for mitochondrial DNA replication
A model of the 70S ribosome based upon early structural data A model of the 70S ribosome based upon early structural data
Allyl isothiocyanate, ball and stick model Allyl isothiocyanate, ball and stick model
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library