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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 33
From the list below, select the characteristics that describe a good economic model. a. Includes every detail of a given situation.
B) Predicts that A causes B.
C) Makes approximately accurate assumptions.
D) Fits the real world perfectly.
E) Predicts things that are usually true.
B) Predicts that A causes B.
C) Makes approximately accurate assumptions.
D) Fits the real world perfectly.
E) Predicts things that are usually true.
Explanation
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Cause and effect is the relationship bet...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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