Why is it important for a good economic model to predict cause and effect?
Question:
Why is it important for a good economic model to predict cause and effect?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
A good model must predict cause an...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Why is it important for a good economic model to make clear assumptions?
-
Why is it important for a company to have IT-performance-related controls over the acquisition of software, hardware and network technology?
-
Why is it important for a CPA to promote professional services in an ethical manner? Do you believe it would be ethical for a CPA to advertise professional services using testimonials and...
-
A long, slender bar in the shape of a right circular cone with length L and base diameter d hangs vertically under the action of its own weight (see figure). The weight of the cone is W and the...
-
Many types of transactions may affect stockholders' equity. Identify the effects of the following transactions on total stockholders' equity. Each transaction is independent. a. A 10% stock dividend....
-
Consider the hospital patients in Example 2-8. Two patients are selected randomly, with replacement, from the total patients at Hospital. What is the probability mass function of the number of...
-
Nordson Co. of Amherst, Ohio, a maker of painting and glue equipment, exports nearly half its output. Customers value its reliability as a supplier. Because of an especially sharp run up in the value...
-
Determine the absolute change and the percentage for theseitems. Change Analysis Item Year 1 Year 2 Amount Percent 4,000 5,000 (9,000) 7,000 (3,000) 2,000 2 15,000
-
As with law enforcement and court personnel, corrections, probation, and parole officers are held to a high ethical standard. Corrections, probation, and paroleagencies must be diligent in addressing...
-
Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data: Metters...
-
What are the motivations of student organizations when they get involved in the anti- sweatshop movement? Why is their activism on some campuses but not on others? Do you think Nike owes the $2.2...
-
Would a good economic model be more likely to address a positive statement or a normative statement? Why?
-
Answer the following multiple-choice questions related to insurance financial reporting: Required a. Which of the following does not represent a basic type of insurance organization? 1. Stock...
-
Should the activities in a project be run sequentially or concurrently? Choose a project and analyze the options for the outline plan.
-
Why should ethics be a non-tradeable entity?
-
What are the constraints in projects? How would you recognize them?
-
Why is there a need for a new consideration such as through APT?
-
Describe what is meant by precedence and illustrate your answer with an appropriate example.
-
Assume that the demand for flight attendants increases significantly as a result of an increase in demand for air travel. Explain what will happen to unemployment using both classical and Keynesian...
-
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...
-
Which of the following statements are true about the efficient market hypothesis? a. It implies perfect forecasting ability. b. It implies that prices reflect all available information. c. It implies...
-
Match each of the following statements with the corresponding document term. Statement erm 1. A supplier would issue ain) 2. The quantity and types of inventory that are planned to be manufactured 3....
-
You may have seen TV advertisements for products or programs that claim to teach a surefire way to make millions on the stock market. Apply the Why isnt everyone already doing it? test to this...
-
What are the advantages of deploying multicast routing protocols like PIM and IGMP in multimedia streaming applications, and how do they optimize bandwidth utilization and reduce network congestion ?
-
2. (10 points) Describe in a few words what the algorithm Foo does and what the algorithm Bar does. Analyze the worst-case running time of each algorithm and express it using "Big-Oh" notation....
-
Let x(t) = u(t+2)-u(t-1) where u(t) = < [1, t>0 0,t <0 (unit step signal) and h(t)=e'u(-t+1). a) Sketch x(t) and h(t). Label all your axes. b) Calculate the convolution y(t) = x(t)* h(t). Simplify...
Study smarter with the SolutionInn App