A Model That Sometimes Makes Incorrect Predictions May Be Used

question 142

Multiple Choice

A model that sometimes makes incorrect predictions may be used by economic decision makers

• A)under no circumstances
• B)only if its assumptions are detailed and realistic
• C)if it is mathematical and computerized
• D)if it is simple enough for a child to understand
• E)until a better model is developed

---

Definitions:

Sequential Design

A research design in which participants or subjects are exposed to conditions in a sequential order to observe changes or effects over time.

Reasoning Abilities

Reasoning abilities refer to the cognitive skills that enable an individual to process information, draw conclusions, and make logical decisions.

Motor Abilities

Skills related to the movement and coordination of muscles and limbs.

Longitudinal Study

Research that follows the same subjects over a period of time, often years or even decades, to observe changes and developments.