Economic models come in the form of
A) three-dimensional objects
B) all of the following
C) words
D) diagrams
E) mathematical equations
Correct Answer:
Verified
Q106: If an economic model includes an assumption
Q107: A good economic model
A) is as simple
Q108: The statement that "at 10 percent,the interest
Q109: An economic model is
A) a concrete representation
Q110: Because economists have different values,like everyone else,they
A)
Q112: A simplifying assumption
A) affects the important conclusions
Q113: The level of detail in an economic
Q114: An economic model can be described as
A)
Q115: Using economic analysis to help understand world
Q116: Economic models are used primarily to
A) predict
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