📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Economists generally believe that making assumptions is

      A a good idea, since doing so helps to simplify the complex world and make it easier to understand Correct Answer Incorrect Answer
      B a good idea, since economic analysis without assumptions leads to complicated results that the general public finds hard to understand Correct Answer Incorrect Answer
      C a bad idea, since doing so invariably leads to data-collection problems Correct Answer Incorrect Answer
      D a bad idea, since doing so leads to the omission of important ideas and variables from economic models Correct Answer Incorrect Answer

      Solution

      Making assumptions is a good idea, since doing so helps to simplify the complex world and make it easier to understand.

      Practice Next
      More Research Questions
      ask-question