Recent studies have shown that NAFTA has had a tremendous negative impact on the economic welfare of the U.S

An economic model:

A. is so abstract that it cannot be applied to real-world events. B. applies economic theory to understand real-world events. C. is an action taken to influence the course of economic events. D. can be used only to understand free markets.

When you see an advertisement on TV for a hair care product in which the actor using the product is depicted as beautiful and happy, this is

A. persuasive advertising. B. direct market advertising. C. informational advertising. D. indirect market advertising.