Which of the Following Is True of Models

question 62

Multiple Choice

Which of the following is true of models?

• A)They complicate our understanding of Earth system science.
• B)They perfectly replicate the real world,but at a different scale.
• C)They are simplified,idealized representations of the real world.
• D)They are never used in physical geography because of their inherent limitations.
• E)Since the advent of geospatial technologies like GIS and GPS,models are no longer used in physical geography.

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Definitions:

Aggregate Demand Curve

illustrates the total amount of goods and services that households, businesses, government, and foreign buyers collectively will desire at each possible price level.

Long Run Aggregate Supply

Represents the total output an economy can produce when using its resources in the most efficient way, without changing the price levels.

Expected Price Level

Expected price level refers to the anticipation of people regarding the general price level of goods and services in the economy in the future.

Price Level

The general price level average of all goods and services in the economy currently.