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    Economics Today
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    Exam 1: The Nature of Economics
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    A Simplified Representation of the Real World That Is Used
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A Simplified Representation of the Real World That Is Used

Question 288

Question 288

Multiple Choice

A simplified representation of the real world that is used to explain economic phenomena is a(n)


A) map.
B) model.
C) assumption.
D) implication.

Correct Answer:

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