What happens when scientists make good assumptions?
A) They greatly simplify the problem without substantially affecting the answer.
B) They further complicate an already complicated subject.
C) They can leave out necessary variables that may result in incorrect answers.
D) They are capable of eliminating invalid causations.
Correct Answer:
Verified
Q22: How do economists begin building an economic
Q23: What can good assumptions do?
A) cause economists
Q24: What is NOT a common characteristic of
Q25: Which statement does NOT illustrate a characteristic
Q26: How does a scientist make assumptions?
A) A
Q28: What is a circular-flow diagram?
A) a visual
Q29: Which statement best describes economic models?
A) They
Q30: What does a circular-flow diagram do?
A) It
Q31: What makes a model compelling?
A) its application
B)
Q32: In the simple circular-flow diagram, who are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents