One guideline that should be used whenever possible in developing a model is to

a. keep the model as simple as possible
b. make the model as complex as possible so that it will be more accurate than other models
c. rely on as many assumptions as possible
d. not be concerned about including unnecessary details
e. make certain that the model is an accurate, complete depiction of reality

A

Economics

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Government purchases consist of the total dollar amount(s) spent on goods and services by the

A) federal government only. B) state governments only. C) local governments only. D) state and local governments, but not the federal government. E) federal, state, and local governments.

Economics

The largest labor union in the United States is the

A) National Education Association. B) International Brotherhood of Teamsters. C) United Food and Commercial Workers International Union. D) Service Employees International Union.

Economics