If a Model Fits Reality but Doesn't Generate Testable Predictions,it

question 57

True/False

If a model fits reality but doesn't generate testable predictions,it is of little value to economists.

---

Definitions:

Graduate Record Exam

A standardized test that is an admissions requirement for many graduate schools in the United States and other countries.

Scores

The numerical or qualitative results obtained from tests, assessments, or evaluations.

Undergraduate Coursework

Academic work, studies, or courses completed as part of a bachelor's degree program at a college or university.

Boring Coursework

Subjective perception of academic assignments or material lacking in engagement or interest for the student.