Assumptions Characterising an Economic Model Need to Be

question 51

Multiple Choice

Assumptions characterising an economic model need to be:

• A)numerous.
• B)implicit.
• C)realistic.
• D)simple.

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Definitions:

Minority representation

The degree to which minority groups are visibly and effectively represented within societal structures, such as government, media, and workplaces.

Screen Actors Guild

A labor union representing film and television actors in the United States, known for negotiating wages and working conditions.

Mass media

Mass media refers to various means of communication, such as television, newspapers, radio, and the internet, that reach a large audience, influencing public opinion and disseminating information widely.

Two-step flow

A communication model that suggests information from the media moves in two distinct stages - first to "opinion leaders," who then pass it on to a wider audience.