A Major Problem That May Occur with Models That Predict

question 37

Multiple Choice

A major problem that may occur with models that predict the values of economic variables in the future is that

• A)researchers are pessimistic about the future.
• B)the model may fail to acknowledge that economic actors will change their behavior in response to changing situations.
• C)the model may make predictions that conflict with widely held opinions.
• D)no one cares about these predictions.

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Definitions:

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Clothing that is tight enough to interfere with circulation or breathing, potentially causing health problems.