
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 31
From the list below, select the characteristics that describe a good economic model. a. Includes every detail of a given situation.
B) Predicts that A causes B.
C) Makes approximately accurate assumptions.
D) Fits the real world perfectly.
E) Predicts things that are usually true.
B) Predicts that A causes B.
C) Makes approximately accurate assumptions.
D) Fits the real world perfectly.
E) Predicts things that are usually true.
Explanation
Cause and effect is the relationship bet...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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