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Unformatted text preview: rapidly in a market economy because it would enable the firms to produce more products more quickly to meet the wants of the consumers. PAA# 3.4) I disagree with the given statement because Economists do not just make assumptions, but they form and test hypotheses in economic models that have been confirmed by statistical analysis. PAA# 3.6) Since it is not possible to test Dr. Strangeloves theory, it is not a useful theory....
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- Fall '10