In Choosing Among Alternative Models,economists Generally Have the Strongest Preference

question 50

Multiple Choice

In choosing among alternative models,economists generally have the strongest preference for models that

• A)have assumptions that are close to exact replicas of reality.
• B)are detailed and complex,with every available fact and figure included.
• C)have few assumptions and are as simple as possible,even if they cannot predict very well.
• D)predict better than any other that is available.
• E)have assumptions that are complicated.

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Definitions:

First Year Of Life

A critical period in human development marked by rapid physical, cognitive, and emotional growth, establishing the foundation for future learning and development.

Cloth Mother

An experimental apparatus used by Harry Harlow in his research on attachment behavior in monkeys, which demonstrated the importance of caregiving and companionship.

Wire Mother

A term from Harry Harlow's attachment research with monkeys, referring to a surrogate mother made of wire and cloth used to study the bond between infants and caregivers.

Rhesus Monkeys

A species of monkey used extensively in biological and medical research, known for its importance in understanding human behavior and physiology.