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    Exam 2: Theories, Models and Data
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    Evaluate the Following Criticism of Economic Models: 'Economic Models Always
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Evaluate the Following Criticism of Economic Models: 'Economic Models Always

Question 76

Question 76

Essay

Evaluate the following criticism of economic models: 'Economic models always work with linear functions, and are therefore too simple to be useful or meaningful.'

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Linear descriptions of supply and demand...

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