Multiple Choice
Economists make use of assumptions,some of which are unrealistic,for the purpose of
A) teaching economics to people who have never before studied economics.
B) advancing their political agendas.
C) developing models when the scientific method cannot be used.
D) focusing their thinking.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: Which of the following would likely be
Q43: A circular-flow diagram is a model that<br>A)helps
Q44: It is possible for an economy to
Q45: Figure 2-8 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-8
Q46: Figure 2-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-5
Q48: Figure 2-15 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-15
Q49: Figure 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-1
Q50: Which of the following steps does an
Q51: Figure 2-15 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-15
Q52: The outer loop of the circular-flow diagram