5. The other things equal assumption allows economists to a. avoid making assumptions about reality. b. focus

Question:

5. The other things equal assumption allows economists to

a. avoid making assumptions about reality.

b. focus on the effects of only one change at a time.

c. oversimplify.

d. allow nothing to change in their model.

e. reflect all aspects of the real world in their model.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

Question Posted: