1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
otez555 [7]
3 years ago
12

Economic models, such as the circular-flow model: a. capture the important elements of the problem under study. b. predict pheno

mena without explaining them. c. explain phenomena without predicting them. d. distort reality in order to improve forecasting ability. e. include every detail and interrelation among variables that are being analyzed.
Social Studies
1 answer:
ale4655 [162]3 years ago
5 0

Answer:

The correct answer is the letter a. capture the important elements of the problem under study.

Explanation:

Economic models are built to simplify complex problems by focusing on the most important variables. The circular flow of income, for example, shows the flow of goods and services, and the flow and currencies between households, businesses, and government in aggregate, that is, all production and consumption by these agents in a given country. Thus, the income stream seeks to understand the important elements of income creation and distribution in a given economy.

You might be interested in
During the great recession, many people lost a great deal of their personal wealth.
Vika [28.1K]
Is this for science? 
3 0
3 years ago
The technique of __________ is designed to help group members express and clarify concerns they have about their future.
Margarita [4]

The technique of future projection is designed to help group members express and clarify concerns they have about their future.

Future price projections refer back to the procedure of projecting the destiny price of a venture and/or funding in the project. It normally considers an anticipated rate of going back, inflation, and the time period to assess destiny cost.

Future projections must include forecasting the income assertion, the stability sheet, and the coins that go with the flow assertion. Projections are made through the month for the first yr and then by using the yr for the next two years. developing economic projections for your expanding commercial enterprise can be complicated.

Future projections use current or predicted financial information to forecast your enterprise's future profits and expenses. They frequently consist of distinctive situations so that you can see how changes to 1 issue of your price range (along with better sales or lower operating prices) would possibly have an effect on your profitability.

Learn more about Future projections  here:

brainly.com/question/12925296

#SPJ4

3 0
2 years ago
Which best describes how the us government affects economy
guajiro [1.7K]

Answer: The amount of money the U.S. government affects the economy by causing prices to increase in certain items.

Explanation:

5 0
3 years ago
I WILL BRAINLIEST TO BEST ANSWER!!! =D<br> How do Spain's citizen participate in the government??
frutty [35]
You're probably looking for Spain's Open Government Partnership.
Spain believe's transparency <span>should be the core principle of public action. So with accessible Public Institutions, the public can participate in public descisions that allow people to better understand their government and can therfore keep the government accountable for its actions.</span>
7 0
3 years ago
A consumer research study analyzes the factors, such as age, income, and stage of family life cycle, predicting a consumer’s lik
Harman [31]

Answer: it is called quantitative research

Explanation:

Quantitative Research is used to quantify the problem by way of generating numerical data or data that can be transformed into usable statistics. It is used to quantify attitudes, opinions, behaviors, and other defined variables – and obtains results from a larger sample population.

3 0
3 years ago
Other questions:
  • How was General Charles Cornwallis defeated
    15·1 answer
  • Begun by Jane Addams, this place provided opportunities for working-class people to obtain assistance with education and vocatio
    10·2 answers
  • Explain the Reign of Terror?
    6·1 answer
  • You are holding a rental deposit on behalf of an owner and tenant. The owner requests that his rental deposit be sent to him:___
    9·1 answer
  • Drought is an example of which source of social change? Select one: a. population change b. change in the physical environment c
    9·2 answers
  • Why is simon bolivar called George Washington of South America
    7·1 answer
  • Journalists who are determined to keep telling stories despite newsroom budget cuts create new platforms for distributing news a
    14·1 answer
  • Which chemical reaction absorbs energy?
    5·1 answer
  • What are Grasslands and where are they found?​
    14·2 answers
  • In the wife of bath's tale, what choice does the loathly lady offer the knight, once they are married?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!