Which of the Following Is Necessary to Build a Good

question 45

Multiple Choice

Which of the following is necessary to build a good economic model?

• A) normative statements
• B) assumptions
• C) opinions
• D) complex math
• E) realism

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Definitions:

Unethical Behaviour

Actions or practices within an organisation or individual that are immoral, dishonest, or violate professional standards.

Longer Term Implications

Consequences or effects of actions or decisions that become apparent or have an impact over an extended period.

Organisational Loyalty

The commitment of employees to the goals, values, and success of their organization, often resulting in higher productivity and job satisfaction.

Expense Report

A financial document that details the expenditures incurred during business operations or activities.