In Order to Eliminate Unnecessary Details and Highlight the Essential

question 56

Multiple Choice

In order to eliminate unnecessary details and highlight the essential features of an economic model,an economist makes

• A) critical assumptions
• B) macroeconomic assumptions
• C) normative assumptions
• D) positive assumptions
• E) simplifying assumptions

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Definitions:

Isometric Drawing

A method of visual representation of a three-dimensional object, drawn on a two-dimensional surface where the three principal axes appear equally foreshortened.

Decimal Point

A dot or small symbol used to separate the integer part from the fractional part of a number in decimal notation.

Fractional-Inch

A unit of measurement in the customary system used in the United States, where measurements are expressed in fractions of an inch.

Reamers

Tools used to widen the size of a hole to precise dimensions and to improve its finish.