Business

Business, 31.07.2019 13:00, dward5823

Which are three of the four main economic variables?

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Business, 15.07.2019 22:30, jeffffffff

Which phrase do we use to indicate that we are trying to study the relationship between two variables while the values of all other variables are held unchanged? ceteris paribus de minimus et cetera prima facie why is this restriction so useful in economic analysis? if other variables that do not interact with these two variables are not held fixed, the true relationship between the two variables would be hidden. to fully understand the relationship between two variables, it is necessary to change each of the variables sequentially while holding the others constant. because one of the two variables might have a larger impact on a third variable than the other one being examined. if every variable is allowed to change, it would be impossible to isolate the impact of one variable on another.

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Business, 29.07.2019 12:30, Benjamincompton07

What is meant by saying that economics is an empirical science? a. economic theories will be tested by seeing how well they correspond to real-world phenomena. b. economic theories cannot be tested because there is no means of measuring economic variables with adequate precision. c. economic theories will be tested by seeing how well they correspond to people's declared preferences. d. economic theories cannot be tested because economic variables change too quickly?

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Mathematics, 30.08.2019 21:30, timiaparker

Which of the following is a main economic variables that affect business cycles? a.stagflation b.national income accounting c.interest-rate's d.personal savings

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Computers and Technology, 05.10.2019 23:50, lmorace

Which of these are characteristics of variables? check all that apply. a.variables can be local or global. b. variables cannot be changed. c. variables have keys and values within brackets [ ]. d.variables have connected sets of characters. e.variables have names, extents, and scopes.

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