The purpose of an economic model is to explain the behavior of the issue being examined.
c) explain the behavior of the issue being examined.
<u>Explanation:</u>
The thesis of the economic behavior that can be tested is obtained through an economic model. The economic model describes reality in simplified manner.
Economists generally rely on economic theories or models to study the issues in real-world. The economic models propose the economic ideas that will be helpful for the individuals, company or the government to make decisions. The economic model explains the behavior of the issue that is examined, and helps economist to make predictions about the real world.
Economists use economic models to answer questions.
There were major political differences between the Federalists and the Republicans during 1790 that led to the creation of political parties in the United States.
<h3>How were political parties in the US created?</h3>
During the 1790s, a great amount of imbalance was experienced in the American society. Thomas Jefferson and Alexander Hamilton had been under conflicts.
Their conflicts led to the creation of two different political parties in the US. Federalists and Republican Parties were created due to the political differences.
Hence, significance of US political parties is aforementioned.
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Answer:
Animals provide many foods people enjoy. Meat, milk, and eggs are examples of foods derived from animal sources. Some animals can provide more than just one food product. ... About 80 percent of the world obtains most of its protein, fats, and iron, as well as a variety of its vitamins, from meat.
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<span>The Commerce Clause refers to Article 1, Section 8, Clause 3 of the U.S. Constitution, which gives Congress the power “to regulate commerce with foreign nations, and among the several states, and with the Indian tribes.”. The Constitution enumerates certain powers for the federal government.</span>
