Every economic model should include money as a variable.This statement is
A)true,because every transaction in the economy uses money.
B)true,because the federal reserve is very important.
C)false,because some transactions in the economy are transacted without money.
D)false,because a model can get unnecessarily complex if it includes money.

Question

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The Answer of Every economic model should include money as a variable.This statement is
A)true,because every transaction in the economy uses money.
B)true,because the federal reserve is very important.
C)false,because some transactions in the economy are transacted without money.
D)false,because a model can get unnecessarily complex if it includes money.

Every Economic Model Should Include Money as a Variable