Economic Models

question 474

Multiple Choice

Economic models

• A) are essentially different from those used in other sciences.
• B) always use graphs.
• C) simplify reality.
• D) include all relevant facts.

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Definitions:

Clean Sheet

An approach starting from a 'clean sheet of paper', without considering previous designs or constraints.

Ongoing Collection

The continuous gathering of data or information over a period of time.

Related Activities

Refers to actions or tasks that are connected or relevant to a central process or subject matter.

Digital Divide

The gap between individuals, households, businesses, and geographic areas at different socio-economic levels with regard to their opportunities to access information and communication technologies.