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Cash Balance Models Are an Example of Which of the Following

question 35

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Cash balance models are an example of which of the following types of simulation application?


Definitions:

Parsimonious

Characterized by extreme unwillingness to spend resources or use unnecessary means; frugal.

Clever Hans

A horse in early 20th century Germany that was believed to have the ability to perform arithmetic and other intellectual tasks, later understood as an example of the observer-expectancy effect.

Psychic Abilities

Claimed abilities that extend beyond the known physical senses, such as telepathy or clairvoyance.

Delta Waves

Delta waves are slow brainwaves, predominant in deep sleep, associated with healing and regeneration in the human brain.

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