

Economic models are stylized abstractions of reality; designing them is an art and a science. I once had a professor who’d compare economic models to maps. _____________________________. The same is true for economic models. You choose what’s important to include in order to understand how certain factors relate to each other. Even then, the math gets very complicated. Equations help economists see subtle points, higher order effects, changes in incentives, and how their ideas relate to earlier work. It also helps them to test their theories on data.
Choose the option which fits in best in the given blank:
From these lines in the paragraph “You choose what’s important to include in order to ………………………………. their theories on data”. This emphasizes the importance of including only relevant details in maps, seems to fit in the blank. In designing economic models, you choose what is important to include. Even with this, the math gets complicated.
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_________________________________________________. In his book, The Republic, Plato proffered a parable in which Socrates celebrates the solitary philosopher. In the allegory of the cave, the philosopher escapes from the darkness of an underground den – and from the company of other humans – into the sunlight of contemplative thought. Alone but not lonely, the philosopher becomes attuned to her inner self and the world. In solitude, the soundless dialogue ‘which the soul holds with herself’ finally becomes audible.
Choose the option which fits in best in the given blank:
The option that talks of the distinction between solitude and loneliness, is a good fit in the given paragraph, which echoes this idea in the phrase “alone but not lonely. Other options have not been discussed. Since the paragraph talks about a solitary philosopher who escapes the darkness of an underground den or human company to experience sunlight i.e. contemplative thought. Though alone, the philosopher is not lonely. In solitude, she is able to hear her inner voice and reflect on the outer world better.
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While your intentional mind is thoughtful, it's easily waylaid by deep-seated habits. If you're trying to lose weight, for example, standard interventions like weight loss programs will leave your intentional mind feeling motivated, but they won't feed your habitual mind. To accomplish that, you must first derail existing habits and create a window of opportunity to act on new intentions.
The last line of the paragraph; “To accomplish that, you must first derail existing habits and create a window of opportunity to act on new intentions” talks about the main idea of the passage. Also one must not only need to feed the “intentional mind” but also the “habitual mind”. One can derail existing habits— by removing unhealthy cues, moving junk food out of the pantry—while also creating a window of opportunity to act on new intentions—by putting fresh fruit out where it’s easy to see. Hence this is the correct option.
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As ambivalence is often linked to the victories of populists, there is a general sense that our ambivalence is destabilizing, dangerous and needs to be purged. The failure to reach clarity implies a failed agency on the part of the ambivalent citizen; it is they who carry the burden of resolving their own feelings and returning to a place of undivided certainty. Yet, the more we dismiss and disparage ambivalence, rebuking voters who “should know better”, the more we risk its manifestation in destructive ways.
The paragraph implies that “ambivalent citizens carry the burden of resolving their own feelings and returning to a place of undivided certainty. The more we dismiss and disparage ambivalence, rebuking voters who “should know better” the more we risk its manifestation in destructive ways”. Forcing those who are ambivalent to take a clear-cut decision are more likely to see radical, revolutionary, even destructive change as the only way to resolve their ambivalence seems to carry forward the main idea of the passage.
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_________________________________________________. For instance, they were effective in putting pressure of South Africa’s apartheid government because they complimented political organizing by the country’s black majority. South Africans, including whites, also tended to view their country as a democracy and were sensitive to being turned into a pariah state.
Choose the option which fits in best in the given blank:
The reasons are given in the passage that why sanctions were effective against South Africa’s apartheid government. Firstly, the sanctions complimented political activities of the black majority. Secondly, the entire population of the country, including the whites, was sensitive to South Africa being viewed as a pariah state. Both reasons given are about the views/emotions of the people in the targeted country. Option B relates to this idea. So, it is the right one to complete the paragraph.
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