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    Macroeconomics Study Set 17
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    Exam 1: Economics: Foundations and Models
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    Economic Models
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Economic Models

Question 215

Question 215

Multiple Choice

Economic models


A) make no assumptions in order to remain as accurate as possible.
B) are simplified versions of reality.
C) can not be used to analyze real-world issues.
D) magnify the complexity of economic issues in order to provide useful data.

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