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
Naddik [55]
3 years ago
9

Economic modelsa. are not useful because they omit many real-world details.b. are usually composed of diagrams and equations.c.

are useful because they do not omit any real-world details.d. are usually plastic representations of the economy.
Business
1 answer:
tino4ka555 [31]3 years ago
6 0

Answer:

b. are usually composed of diagrams and equations.

Explanation:

Economic models involve huge number of factors for their study and analysis.

It encompasses the analysis of various situations in an economy. It amounts for significant influence on the changes in market and environment, in which an economy runs.

Since it is complex in nature it involves huge diagrams, metrics, equations.

As with just theory it is not easy to form the understanding of economics. Thus, it involves many pictorial representations in the form of diagrams, graphs, etc:

Therefore, correct statement is

Statement b

You might be interested in
Which button in the Print Preview tab allows users to set specific margins on the page of a report?
Irina-Kira [14]

Answer:

Page Setup

Explanation:

Page set up allows users to determine how a print out will appear. The user can customize the page size and layout. The page setup dialog box is available under the Layout tab in the Ribbon menu.

Page layout makes it possible for users to set the print parameters. These parameters include paper size,  page orientation, page margins, and quality of the print.

6 0
3 years ago
The same amount of principal is invested in different accounts earning the same interest rate. Which of the following accounts w
Sophie [7]
D.) An account earning interest compounded daily.

This is the account that would have the greatest accumulated value at the end of one year.

Let us assume the following figures.
Principal = 1,000
Interest rate = 12% p.a.
Term 1 year 

a) account earning no interest = 1,000
b) account earning simple interest
S.I. = 1,000 x 12% x 1 = 120 
Balance = 1000 + 120= 1,120
c) account earning interest compounded annually
FV = 1,000 (1+.12)¹
FV = 1,000 (1.12)
FV = 1,120
d) account compounded daily
FV = 1,000 (1 + .12/365)³⁶⁵
FV = 1,000 (1 + 0.00033)³⁶⁵
FV = 1,000 (1.00033)³⁶⁵
FV = 1,000 (1.128)
FV = 1,128

6 0
3 years ago
Read 2 more answers
Under __________ requirements, the union must apply the terms of contract equally to all bargaining-unit employees. question 15
aksik [14]

Under mandatory bargaining requirements, the union must apply the terms of contract equally to all bargaining-unit employees. There are different subjects that are available and open for bargaining. Salary, benefits, contract and employment terms are all types of subjects that an employee can bargin to get what they want even if it's not initally offered. All mandatory subects directly impact an employees terms and conditions in a company.

3 0
3 years ago
Research has found that for many products, including soft drinks, coffee, and cosmetics, consumers are unable to distinguish amo
Leona [35]

The correct answer is routine problem solving. Routine problem solving is being defined as having to associate at least one arithmetic operations or even a ratio in regards to solving problems that are likely to be practical in nature or in the environment.

3 0
3 years ago
Read 2 more answers
The difference between the nominal interest rate and the real interest rate is
leonid [27]

Answer: the correct answer is letter D. the nominal interest rate is the stated interest rate whereas the real interest rate is the nominal interest rate minus the inflation rate.

Explanation: in financial maths when you speak about "real" rates you should consider the inflation impact.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Hannigan Lumber employs 155 workers. One of the firm's former employees used the Civil Rights Act of 1991 to file and win a disc
    10·1 answer
  • Hoffman Corporation retires its bonds at 106 on January 1, following the payment of semiannual interest. The face value of the b
    9·1 answer
  • Shameka is the new compensation manager of a large manufacturing company. she is currently redesigning the pay structure. she wa
    6·1 answer
  • Secondary technology skills are skills that may be improved as the online class progresses. T or F
    6·2 answers
  • Murphy & Johnson is a privately owned manufacturer of small motors for lawnmowers, tractors, and snowmobiles. The components
    7·1 answer
  • The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain
    10·1 answer
  • Which of the following best describes the current ratio?
    15·2 answers
  • Find the value of n. 394 × n = 3.94
    5·1 answer
  • Hot Topic has a policy of promoting from within. If Hot Topic uses clearly defined selection criteria and a transparent process,
    9·1 answer
  • 1. Approximately, what is the median wage for a<br> college graduate (all majors)?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!