What makes a model compelling?
A) its mathematical structure
B) its simplicity
C) its predictions
D) its assumptions
Correct Answer:
Verified
Q5: When economists attempt to simplify the real
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Q22: Which of the following is an example
Q24: Which of the following best describes economic
Q27: What is a circular-flow diagram?
A)a visual model
Q28: Which of the following best describes economic
Q33: What are the foundation stones from which
Q34: What can good assumptions do?
A)cause economists to
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