Solved

Why Do Economists Use Economic Models

Question 62

Multiple Choice

Why do economists use economic models?  


A)  to construct simplifying assumptions about real world economics 
B)  to explain economic reality in all its complexity 
C)  to explain and predict economic events 
D)  to construct economic situations where controlled experiments can be carried out

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions