What do causal loops represent on a complex system model? What is the difference between a positive

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What do causal loops represent on a complex system model?

What is the difference between a positive and negative causal loop? Provide supporting discussion and examples.

What is the difference between reinforcing and balancing causal loops? Provide supporting discussion and examples?

Define stocks and flows and provide examples of each.

Identify and explain the 4 characteristics of stocks.

Related Book For answer-question

Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Posted Date: Aug 02, 2018 01:42 AM

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What do causal loops represent on a complex system model? What is the difference between a positive

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In the context of complex system models causal loops are used to aid a user in visualizing how different variables in a system are interrelated Ideally causal loops are an example of graphical represe... View the full answer

Principles of economics

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