Multiple Choice
What is the "right" degree of abstraction necessary to analyze an economic problem?
A) Simple abstraction of only minor details
B) Simple abstraction of only irrelevant details
C) Total abstraction of all variables
D) Total abstraction of all irrelevant details
E) There is no "right" degree of abstraction to analyze an economic problem.
Correct Answer:
Verified
Correct Answer:
Verified
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Q62: The use of abstraction in economic analysis
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