Economists use models in order to:
A) develop insights into how the economy works
B) develop insights into mathematical theorems
C) make economics hard for students to understand
D) help businesses decide what investments will be profitable
Correct Answer:
Verified
Q61: The circular-flow diagram is a type of
Q62: An economic outcome is said to be
Q63: Which of the following is the most
Q64: Graph 2-2 Q65: The circular flow diagram illustrates the: Q67: Economic models are generally constructed with: Q68: In a circular-flow diagram: Q69: In the circular-flow diagram: Q70: Which of the following is the most Q71: The production possibilities frontier is a:
A)flow of
A)tubes and
A)households sell goods and
A)firms are sellers in
A)graph that
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