Multiple Choice
An economic ________ is a simplified version of some aspect of economic life used to analyze an economic issue.
A) market
B) trade-off
C) variable
D) model
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q31: What is a centrally planned economy?
Q56: Of the following examples, which would most
Q57: Which of the following is a normative
Q58: In a modern mixed economy, who decides
Q59: "The distribution of income should be determined
Q60: Figure 1-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1-2
Q62: "A decrease in the price of tablet
Q63: Marginal benefit refers to the additional benefit
Q64: If it costs Danitra $225 to create
Q65: The Coffee Nook, a small cafe near