Economic models are most often composed of diagrams and equations.
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Q1: Economists usually have to make do with
Q2: While the scientific method is applicable to
Q3: Economic models can help us understand reality
Q5: An economic model can accurately explain how
Q6: Economists use one standard set of assumptions
Q7: Economists often find it worthwhile to make
Q8: Economists try to address their subject with
Q9: The scientific method can be applied to
Q10: For economists, conducting experiments is often difficult
Q11: Since economists cannot use natural experiments offered
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