Economic models deal with
A) people's behaviour in responding to scarcity.
B) how people think about making choices.
C) group opinions.
D) the reasons people give for donating to charity.
Correct Answer:
Verified
Q102: Which of the following is a positive
Q103: Positive economic analysis is said to be
A)true.
B)value
Q104: Economics is an empirical science because
A)economic analysis
Q105: If competing models are offered to explain
Q106: Successful models in any science must
A)be able
Q108: Economics is an empirical science,which means that
Q109: "If A occurs then B will be
Q110: To be useful,an economic model must
A)predict accurately
Q111: The usefulness of a model is determined
Q112: The economic model of crime
A)is not scientific
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