Which of the Following Statements Is FALSE

question 186

Multiple Choice

Which of the following statements is FALSE?

• A)Economists empirically test their models.
• B)Economic models are not used to forecast.
• C)An economic model should capture only the essential relationships that are sufficient to analyze the particular problem being studied.
• D)Economic models relate to behavior rather than to individual thought processes.

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Definitions:

Actual Self

Represents an individual's perception of themselves as they are, rather than how they wish to be.

Overjustification Effect

In the absence of obvious external determinants of our behaviour, we assume that we freely choose the behaviour because we enjoy it.

BIRGing

Basking in Reflected Glory; that is, name-dropping to link yourself with desirable people or groups and thus improve other people’s impression of you.

Self-schemas

Represents cognitive structures derived from past experience that help organize and guide an individual's processing of information about themselves.