Q
In which of the following cases is the assumption most reasonable ?
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A
A. to address the impact to taxes on income distribution an economist assumes that everyone earns the same income.
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B
B. to address the impact of money growth on inflation, an economist assumes that money is strictly coins.
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C
C. to model the benefits of trade. an economist assumes that there are two people and two goods
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D
D. to estimate the speed at which a beach ball falls, a physicist assumes that if falls in a vacuum.
Correct Answer:
C. C. to model the benefits of trade. an economist assumes that there are two people and two goods
