A good economic model A. is as simple as possible, including only necessary details B. is as complex as possible, including many

Question

3 years ago

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A good economic model A. is as simple as possible, including only necessary details B. is as complex as possible, including many

details C. represents reality as concretely as possible D. tries to be as detailed as the reality it is describing E. is very detailed regardless of its purpose

Social Studies

1 answer:

Hoochie [10] · Answer 1 · 2022-08-28T11:36:20+03:00

Answer:

A. is as simple as possible, including only necessary details

Explanation:

A good economic model -

It refers to the framework , which helps to demonstrate the complex economics process in a simplified manner is referred to as a good economic model .

The model need to be extremely simple , then only it is called as a good economic model .

All the facts and figures need to be very clear and descriptive .

Hence, from the given information of the question,

The correct option is a.