Which of the Following Is Necessary to Build a Good

question 45

Multiple Choice

Which of the following is necessary to build a good economic model?

• A) normative statements
• B) assumptions
• C) opinions
• D) complex math
• E) realism

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Definitions:

Stockholm Syndrome

A psychological response wherein hostages or abduction victims develop a bond with their captors during captivity.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that describes the body's short-term and long-term reactions to stress.

Phi Phenomenon

An optical illusion of perceiving continuous motion between separate objects viewed rapidly in succession.

Korsakoff Syndrome

A chronic memory disorder primarily caused by severe deficiency of thiamine (vitamin B1), often associated with prolonged alcoholism.