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Other Fields Homework Help Economics Topic started by: Nikolas on Dec 11, 2022



Title: Which of the following statements is TRUE?
Post by: Nikolas on Dec 11, 2022
Which of the following statements is TRUE?

▸ Testing with data enables economists to distinguish between good models and bad models.

▸ Models help economists explain the past but do not help predict the future.

▸ The scientific method used by economists is based on idealism and not empiricism.

▸ Models that economists use are perfect replicas of reality.


Title: Which of the following statements is TRUE?
Post by: Ludacris2065 on Dec 11, 2022
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