A Good Economic Model

question 78

Multiple Choice

A good economic model

• A) should not include more than two variables.
• B) includes all those features of the world that can be described numerically.
• C) describes every aspect of the economic world, with no exceptions.
• D) includes only those features of the world that are needed for the purpose at hand.

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Definitions:

African Heritage

The customs, traditions, and cultural influences tracing back to the African continent, preserved among people of African descent worldwide.

Folklore

The traditional beliefs, customs, stories, songs, and practices of a culture, passed through generations by word of mouth.

Religious Life

The aspect of an individual's or community's existence that pertains to their beliefs, practices, and organizational involvement in religion or spirituality.

Slave Family

A familial unit formed by enslaved people, often facing challenges in maintaining stable relationships due to the conditions of slavery, such as separations and sales.