Economists:

Name: Economists:
Brand: Quizplus
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Question

Economists:

Quizplus · Accepted Answer

Economists sometimes use diagrams and equations to explain economic theories and models, but they also often use other methods such as empirical data and qualitative analysis. Additionally, while economists do rely on simplifying assumptions to make models more tractable, the goal is to understand real-world phenomena as accurately as possible given the limitations of any model or theory.