In building economic models,economists often omit
A) assumptions.
B) theories.
C) details.
D) equations.
Correct Answer:
Verified
Q39: The art in scientific thinking is
A)finding the
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A)valuable to economists because they
Q41: The circular-flow diagram is a
A)visual model of
Q42: In constructing models,economists
A)leave out equations,since equations and
Q43: Just like models constructed in other areas
Q45: Which types of models are built with
Q46: A model can be accurately described as
Q47: Which of the following is not correct
Q48: Which of the following statements is correct?
A)Few
Q49: Which of the following statements about models
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