The Scientific Purpose of Simplifying Assumptions in an Economic Model

Multiple Choice

The scientific purpose of simplifying assumptions in an economic model is to

A) avoid confronting difficult issues.
B) eliminate the need for further testing of the implications of the model.
C) abstract from the complexities of the real world those issues that are not important for the issues under examination.
D) eliminate the possibility of personal bias in the model.
E) add necessary hypotheses to the problem.