All of the Following Are Part of an Economic Model,except

question 28

Multiple Choice

All of the following are part of an economic model,except

• A) data.
• B) opinions.
• C) assumptions.
• D) hypotheses.

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Definitions:

Abbreviation

A shortened form of a word or phrase used to simplify communication.

Castings

The process of pouring liquid metal into a mold, where it solidifies into a specific shape.

Material

The substance or substances out of which an object or item is made, which can influence its properties and usage.

Finishing

The process of applying final surface treatments to materials or components to achieve desired aesthetic or functional characteristics.