An Economic Model Is

question 8

Multiple Choice

An economic model is

• A)a description of some aspect of the economic world that includes only those features of the world that are needed for the purpose at hand.
• B)a statement that describes how the world should be.
• C)a collection of facts that describe the real world.
• D)a generalisation that summarises all the normative assumptions we make about a particular issue.

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Definitions:

Deafferentation

Refers to the loss or interruption of the afferent connections of nerve cells, preventing sensory information from reaching parts of the brain.

Penfield

Refers to Wilder Penfield, a neurosurgeon whose pioneering work in the mid-20th century greatly advanced the understanding of neurological localization of brain functions.

Motor Cortex

The cerebral cortex segment involved in organizing, managing, and executing movements done on purpose.

Anterior Corticospinal Tracts

Nerve pathways that travel from the brain through the spinal cord, involved in the voluntary movement of muscles.