Economists employ economic models
A) because reality is complex.
B) to make the field more scientific.
C) to make reality more complex.
D) because economic theory is too easy without them.

Question

Quizplus · Accepted Answer

Reality is complex, and economic models help economists simplify and analyze it. Economic models make assumptions about the real world, and these assumptions allow economists to isolate and study specific economic relationships or behaviors.

Economists Employ Economic Models