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6 Oct 2020
which of the following best illustrates the application of the model-building process to economics
a. on a Sunday morning talk show, two economists with differing political agendas argue about the best way to solve social security problems.
b. a labor economist notices that unemployment tends to be higher among teenagers than more experienced workers, develops a model, and gathers data to test the model's hypothesis.
c. economists believe that some economic models are true simply because prominent leading economists say they are true.
which of the following best illustrates the application of the model-building process to economics
a. on a Sunday morning talk show, two economists with differing political agendas argue about the best way to solve social security problems.
b. a labor economist notices that unemployment tends to be higher among teenagers than more experienced workers, develops a model, and gathers data to test the model's hypothesis.
c. economists believe that some economic models are true simply because prominent leading economists say they are true.
manhokwe tawandaLv10
28 Jan 2021