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Regarding Economic Models, Which of the Following Statements Is NOT

Question 226

Multiple Choice

Regarding economic models, which of the following statements is NOT true??


A) ?An economic model is a simplified representation of a theory or part of a theory 
B) ?An economic model can provide answers for policy makers. 
C) An economic model can illuminate an important economic problem? 
D) ?An economic model can depict 3-variable diagrams.

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