An Economic Model That Sometimes Makes Incorrect Predictions May Be

question 67

Multiple Choice

An economic 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:

Paradoxical Sleep Waves

Brain waves associated with REM (rapid eye movement) sleep, during which dreaming usually occurs and the body experiences atonia but the brain is active.

N3 Sleep

The third stage of non-REM sleep that is characterized by deep sleep, during which it is hardest to awaken someone, and when the body repairs and regrows tissues.

Sleepwalking

A disorder occurring during deep sleep, leading to walking or performing other complex behaviors while still mostly asleep.

Dangerous

Refers to something that is likely to cause harm or injury.