Economic models need to resemble, as much as possible, the phenomena being explained.
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Q31: What is the difference between correlation and
Q32: Which of the following is most likely
Q33: Macroeconomics deals with large industries such as
Q34: Macroeconomics is concerned primarily with
A)the economy as
Q35: An economic model is the same as
Q37: When economists explain the relationship between the
Q38: Which of the following is considered a
Q39: Two variables are negatively correlated if
A)the value
Q40: Economic models
A)are not complicated because the behavior
Q41: Economists are likely to evaluate the impacts
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