Economic models
a. cannot be useful if they are based on false assumptions.
b. were once thought to be useful, but that is no longer true.
c. must incorporate all aspects of the economy if they are to be useful.
d. can be useful, even if they are not particularly realistic.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Economic models a. cannot be useful if they are based on false assumptions. b. were once thought to be useful, but that is no longer true. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which management career often requires a master's degree?
Answers (2)
According to the principles of scientific management, the best way to improve productivity is to: establish open two-way communications among all of the organization's employees and managers.
Answers (1)
Which of the following is not one of the principles of corporate public relations that a company should follow a. To make sure management thoughtfully analyzes its overall relation to the public b.
Answers (1)
Inflation means: Specific prices are rising, and relative prices are falling. Both relative prices and average prices are rising. Relative prices are rising, but it is not certain what is happening to average prices.
Answers (1)
If Japan does not have a comparative advantage in producing rice, the consequeces of adopting a Japanese policy reducing or eliminating imports of rice into the country would include: A.
Answers (1)
New Questions in Business
Time is an important factor when evaluating a managed mutual fund for which of the following? a. The length of time that the present fund manager has been managing the fund. b. None of these. c. The existence of the underlying index. d.
Answers (1)
Greg purchased stock in Bear Stearns and Co. at a price of $88 per share one year ago. The company was acquired by JP Morgan at a price of $11 per share. What is Gregʹs return on his investment? A) - 87.50% B) - 113.75% C) - 100.62% D) - 96.25%
Answers (1)
Will and bill both enjoy sunshine, water, and surfboards. thus, the two friends decided to create a business together renting surfboards, paddle boats, and inflatable devices in california.
Answers (1)
Jones Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 400 units in process that were 70% complete, receiving 2,500 units from the Cutting Department.
Answers (1)
Newspaper 14 think and review
Answers (1)