subject
Business, 23.07.2019 00:20 justincsh7238

Which of the following best describes how economists test the empirical predictions of economic models? a) economists survey individuals to learn about how people think through decisions about how much to purchase or to produce. b) based on theories about thought processes, economists seek to determine which thought processes predominate in determining how a person decides what actions to take. c) economists collect and analyze real-world observations of people's actions to discern if those actions accord with theories' predictions. d) recognizing that people always do what they say they will do, economists rely exclusively on information gleaned from polls and surveys conducted by poll takers and market researchers.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:00
List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.
Answers: 3
question
Business, 22.06.2019 12:50
Kendrick is leaving his current position at a company, and charlize is taking over. kendrick set up his powerpoint for easy access for himself. charlize needs to work in the program that is easy for her to use. charlize should reset advanced options
Answers: 3
question
Business, 22.06.2019 20:00
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
Answers: 1
question
Business, 22.06.2019 20:20
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
You know the right answer?
Which of the following best describes how economists test the empirical predictions of economic mode...
Questions
question
English, 10.11.2020 16:40
question
English, 10.11.2020 16:40
question
Mathematics, 10.11.2020 16:40
question
Mathematics, 10.11.2020 16:40
Questions on the website: 13722360