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
Key behaviors essential for effective teaching include all of the following EXCEPT
Kazeer [188]
Interesting stories is not considered essential for teaching.
3 0
3 years ago
If you touch the metal sides in an oven with your bare hand, you're in trouble. But hold your hand briefly in the oven air and y
Anuta_ua [19.1K]

Answer:

Metal is a good conductor of heat but air is a poor conductor of heat.

Explanation:

Touching the metal sides of the oven can be harmful while holding our hand briefly in the oven air is okay. This tells us about the relative conductivities of metal and air <em>that metal is a good conductor of heat but air is a poor conductor of heat</em>. Conduction is the transference of heat through physical contact. Not all materials conduct heat in the same way. The best conductors of heat are metals and stone.

5 0
3 years ago
What are three strategies or policies that governments have used throughout history to unite their
elena-s [515]
On main strategy is finding a common enemy, either foreign or domestic. Another is providing economic incentives. Another is through propaganda campaigns and false history. 
<span />
3 0
3 years ago
Read 2 more answers
The idea that parental behaviors determine a child's future career may seem plausible, while the idea that one's future can be p
Julli [10]

However, both ideas should be "tested" using "an empirical approach" to see if they hold up under scrutiny.


Empirical approach alludes to the logical strategy for inquiry and perception through experiments.  

Psychology is additionally a science which is related to the thought behind empirical approach is to take your own convictions and inclinations out of the condition from real examinations. You should make determinations in view of empirical information and not what your feeling says.  

Since, psychology manages sentiments and feelings, it is difficult to precisely quantify information. So it is more vital for clinicians to take after empirical approach before distributing any hypothesis or speculation.

4 0
3 years ago
A(n) __________ decision is a decision in which two conditions must be true for an action to take place.
goldfiish [28.3K]

The answer is "AND" decision.

In an AND decision, two conditions must be valid for a subsequent move to make. An AND decision needs a nested decision or the utilization of an AND operator. In an AND decision, the most proficient approach is to begin by making the inquiry that is more averse to be valid.   

6 0
3 years ago
Other questions:
  • Jillian is participating in an experiment in which she was asked to shadow a message presented to the left ear while simultaneou
    9·1 answer
  • Which of the following statements was not considered by the needs hierarchy theory?
    13·1 answer
  • How widespread was sharecropping in the south in the late 1800s
    8·2 answers
  • On October 7, 1780, men from the mountains of North and South Carolina were able to ambush a group of Loyalist soldiers in which
    8·2 answers
  • A microscope is an instrument that makes distant objects look larger. Please select the best answer from the choices provided T
    11·2 answers
  • What are two ways the federal government can manage broadcast media?
    13·2 answers
  • What impact did the Doolittle Raiders have on American society?
    10·2 answers
  • The presidents power to make undeclared war has
    8·1 answer
  • When do defendants have to testify against themselves in their own cases?
    6·1 answer
  • <br> According to the U.S. Census Bureau, what is the average retirement age?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!