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Ryan has diabetes but has no trouble functioning. One day, his wife informs him that she is leaving him. Ryan suddenly develops terrible pain in his back, to the point he is unable to get out of bed. His wife agrees to stay for "a while" to take care of him. Ryan probably has
Economic Theory
A set of principles and models that seeks to explain how economies work and the behaviors of economic actors.
Real-world Events
Occurrences or developments that happen in the physical world, beyond theoretical or hypothetical situations.
Assumptions
Premises or conditions accepted as true without proof, used as bases for reasoning or an argument.
Secondary Effects
The indirect impacts that follow the primary effects of a decision or action in economics, often unforeseen or unintended.
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