Economic Models Do All of the Following Except

question 12

Multiple Choice

Economic models do all of the following except

• A)answer economic questions.
• B)portray reality in all its minute details.
• C)make economic ideas explicit and concrete for use by decision makers.
• D)simplify some aspect of economic life.

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Definitions:

Ethical Decision Making

is the process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Buckley Amendment (FERPA)

A United States federal law, the Family Educational Rights and Privacy Act of 1974, which protects the privacy of student education records.

School Records

Official documents maintained by educational institutions, detailing a student's academic performance and activities.

Americans with Disabilities Act

U.S. legislation enacted in 1990 that prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation, and all public and private places that are open to the general public.