Which of the Following Statements Concerning Economic Models Is FALSE

question 46

Multiple Choice

Which of the following statements concerning economic models is FALSE?

• A)Economic models must provide usable predictions.
• B)Economic models are based on pure fact and no assumptions.
• C)Economic models are tested empirically.
• D)Economic models relate to how people behave.

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Definitions:

Classical Conditioning

A learning process where a neutral stimulus becomes associated with a meaningful stimulus, resulting in a conditioned response.

Eyeblink Conditioning

A form of classical conditioning where a subject learns to blink in response to a previously neutral stimulus that has been paired with an unconditioned stimulus that prompts blinking.

Cerebellum

A major structure of the brain located at the back of the skull, crucial for motor control, balance, and coordination.