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    Exam 1: The Art and Science of Economic Analysis.
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    The "Other-Things-Constant" Assumption
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The "Other-Things-Constant" Assumption

Question 128

Question 128

Multiple Choice

The "other-things-constant" assumption:


A) allows an economist to make useful predictions.
B) is a prediction.
C) applies only to consumers' decisions and not to those of firms.
D) forces an economist to ignore reality, where things are constantly changing.
E) implies rational self-interest on the part of all economic actors.

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