Economic Models

question 174

Multiple Choice

Economic models

• A)cannot be useful if they are based on false assumptions.
• B)were once thought to be useful,but that is no longer true.
• C)must incorporate all aspects of the economy if they are to be useful.
• D)can be useful,even if they are not particularly realistic.

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Definitions:

Ovulating

The phase in the female menstrual cycle where an ovary releases an egg, making it possible for fertilization to occur.

Good Health

A state of complete physical, mental, and social well-being, and not merely the absence of disease or infirmity.

Social Rejection

The act of being deliberately excluded or ostracized from a social group or interaction.

Emotional Reaction

A spontaneous response involving feelings and emotions triggered by an external event or internal thought process.