All of the following are part of an economic model,except
A) data.
B) opinions.
C) assumptions.
D) hypotheses.

Name: All of the following are part of an economic model,except A) data. B) opinions. C) assumptions. D) hypotheses.
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Question

Quizplus · Accepted Answer

Economic models are built upon data, assumptions, and hypotheses. Opinions are subjective and can vary from person to person, and therefore are not a reliable basis for an economic model.

All of the Following Are Part of an Economic Model,except