An Economic Theory

question 72

Multiple Choice

An economic theory

• A)will be useful only if all human behaviour is rational.
• B)will be useful as long as it is logically consistent.
• C)is only useful if its underlying assumptions are realistic.
• D)will predict more accurately if it contains a greater number of mathematical equations.
• E)must be judged on its ability to explain and predict real- world phenomena.

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