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According to Salman Khan of Khan Academy, simplifying assumptions in economic reasoning

User Pbearne
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According to Salman Khan of Khan Academy, he states that simplifying assumptions in economic reasoning can cause various effects. Such as it helps you clarify your thinking, as well as being dangerous due to the fact that they may be wrong or completely irrelevant. These assumptions may also allow you to prove things based solely on the assumptions.

User Foxocube
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