What Is the Appropriate Degree of Abstraction

question 205

Multiple Choice

What is the appropriate degree of abstraction?

• A)The more detail there is, the better.
• B)The detail should be minimized in order to avoid all complexity.
• C)Abstraction is unnecessary, and should be avoided.
• D)Abstraction is the essence of analysis, and is pursued for its own sake.
• E)It depends on the objective of the analysis.

---

Definitions:

Immigration Effect

The impact that immigration has on a host country's economy, labor market, culture, and social fabric, both positive and negative.

Market Labor

The supply of available workers in relation to employment opportunities within a given market or industry.

Equilibrium Wage

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by employees, leading to a stable employment situation.

Freight Hauling

The process of transporting goods and materials by land, sea, or air.