Einstein Was Quoted Saying "Everything Should Be Made as Simple

question 8

Multiple Choice

Einstein was quoted saying "Everything should be made as simple as possible,but not simpler." When it comes to economic models this means that

• A) models shouldn't be too complex.
• B) models shouldn't be too simple.
• C) models should have a level of abstraction appropriate to the topic investigated.
• D) All of the above.

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Definitions:

Investigational Drugs

Medications under research but not yet approved by regulatory bodies for public use.

Speciesism

A form of discrimination based on species, typically involving the prioritization of human interests over those of other animals.

Peter Singer

A contemporary Australian philosopher known for his contributions to bioethics and utilitarian ethical theory, particularly regarding animal rights and global poverty.

Right Conduct

Behaviors or actions that are deemed morally correct or ethical in a given context.