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Which of the Following Statement(s) Is(are) True

Question 28

Multiple Choice

Which of the following statement(s) is(are) true?


A) Heterodox analysis seldom justifies collective actions by government.
B) Heterodox models demonstrate prominence of individuals in making decisions that make for efficient market outcomes.
C) Neoclassical models require the use of mathematics; verbal models cannot capture neoclassical ideas.
D) Heterodox analysis recognizes complexity, uncertainty, and catastrophic non-linear outcomes, which validates the precautionary principle.

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