What Is NOT a Common Characteristic of Economic Models

question 29

Multiple Choice

What is NOT a common characteristic of economic models?

• A) They are often built using the tools of mathematics.
• B) They are useful to economists, but not to policymakers.
• C) They include only the important features of an economy.
• D) They are built using assumptions.

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Definitions:

Synaptic Vesicles

Small sacs within presynaptic nerve terminals that store neurotransmitters, which are released into the synaptic cleft during neurotransmission.

Action Potential

A brief change in electrical voltage that occurs between the inside and the outside of an axon when a neuron is stimulated; it serves to produce an electrical impulse.

Synaptic Cleft

The gap between two neurons where neurotransmitters are released to transmit signals.

Neurotransmitters

Chemical messengers in the nervous system that transmit signals across synapses from one neuron to another.