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Author Question: An economic model that contains a highly realistic set of assumptions is (Read 65 times)

curls713

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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
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Marked as best answer by curls713 on Oct 12, 2022

jojomac20

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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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curls713

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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