A Model Is Used to Explain Economic Behavior

question 50

Multiple Choice

A model is used to explain economic behavior. Therefore

• A)the assumptions must be complex while the model itself is simple.
• B)the model must be complex.
• C)the model must be simple.
• D)the model can be either simple or complex so long as it explains economic behavior.

Understand the benefits and processes involved in conducting a human resource audit.

Recognize the principles of proactive human resource management and its impact on organizational effectiveness.

Identify the challenges and opportunities presented by automation and technological advances in the workplace.

Understand the concepts of functional, line, and staff authority within an organization.

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Definitions:

Suppress

To consciously or unconsciously hold back, inhibit, or stop an action, thought, or emotion from being expressed.

Phobia

An intense and irrational fear of specific situations, objects, or activities that results in a compelling desire to avoid the dreaded subject or situation.

Expressway Overpasses

Expressway overpasses are structures that allow roads or highways to cross over each other or other obstacles without interfering with the flow of traffic on either route.

Unreasonable

Not guided by or based on good sense or rational thinking.