Economic models do all of the following except _________.
A) answering economic questions
B) portraying reality in all its minute details
C) making economic ideas explicit and concrete for use by decision makers
D) simplifying some aspect of economic life

Question

Quizplus · Accepted Answer

Economic models are simplifications of reality, and therefore, they cannot portray reality in all its minute details. Instead, they focus on specific aspects of economic life and make economic ideas explicit and concrete for use by decision makers, with the aim of answering economic questions.

Economic Models Do All of the Following Except _________