Question:
Find out the correct statement:
| A. |
Prediction of economic models cannot be refuted by empirical evidence |
B. |
Models transform verbal expressions in to more scientific expressions |
C. |
Models make no assumptions |
D. |
Economic models are comprehensive and not partial |
Answer» b. Models transform verbal expressions in to more scientific expressions |
Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |