Multiple Choice
Which of the following is not considered an ingredient to an economic model?
A) Assumptions
B) Logic
C) Hypotheses
D) Experience
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: Economists will use a model such as
Q16: Economic models are only applicable to free-market
Q17: Which of the following is an example
Q23: Microeconomic models are used to<br>A) make predictions.<br>B)
Q24: The testing of economic models facilitates<br>A) proving
Q34: Economists make simplifying assumptions to<br>A) understand extremely
Q41: A "twinkie tax" on fatty foods would
Q42: Explain how a market helps determine which
Q51: Which choice below illustrates the tradeoff faced
Q54: A microeconomic model CANNOT be used to<br>A)