A Good Economic Model

question 317

Multiple Choice

A good economic model

• A) includes only those features of the world that are needed for the purpose at hand.
• B) describes every aspect of the economic world, with no exception.
• C) includes all those features of the world that can be described numerically.
• D) should not include more than two variables.

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Definitions:

Resistance

The refusal to accept or comply with something; the attempt to prevent something by action or argument, or in psychology, the opposition to the flow of electric current or another meaning involves unconscious defense mechanisms against awareness of harmful impulses.

Freud

Sigmund Freud was an Austrian neurologist who founded the discipline of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Interpretation

The act of explaining the meaning of something; in psychology, it refers to the process of understanding or making sense of sensory information.

Recurring Dream

A dream that is experienced repeatedly over a long period, often reflecting unresolved conflicts or stress.