The art in scientific thinking is
A) finding the right problem to study.
B) deciding which assumptions to make.
C) the ability to make an abstract subject easy to understand.
D) not something in which economists have to be skilled.
Correct Answer:
Verified
Q34: Economists make assumptions to
A)provide issues for political
Q35: For an economist,the idea of making assumptions
Q36: The decision of which assumptions to make
Q37: An example of a price that changes
Q38: An economic theory about international trade that
Q40: Historical episodes are
A)valuable to economists because they
Q41: The circular-flow diagram is a
A)visual model of
Q42: In constructing models,economists
A)leave out equations,since equations and
Q43: Just like models constructed in other areas
Q44: In building economic models,economists often omit
A)assumptions.
B)theories.
C)details.
D)equations.
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