Complete the Following Sentence.Economic Models

question 194

Multiple Choice

Complete the following sentence.Economic models

• A)do not answer questions about the economic world.
• B)include most of the details of the economic world.
• C)describe some aspect of the economic world,but include only those features needed for the purpose at hand.
• D)answer questions that arise from normative statements.
• E)were first developed in the 1970s.

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Definitions:

Imaginary Events

Events or scenarios that are conceived in the mind but have not actually occurred in reality, often used in creative processes or as a mental escape.

Hypnotic Suggestion

A directive given during hypnosis intended to influence a person's perceptions, feelings, thoughts, or behaviors after the session.

Hypnotically Retrieved

Refers to memories or information recalled under the state of hypnosis, often discussed in contexts relating to the reliability and accuracy of such memories.

Conscious Memories

Memories that are consciously accessible and can be intentionally recalled, involving facts and events we can explicitly state and describe.