Answer:
The correct answer is the letter a. capture the important elements of the problem under study.
Explanation:
Economic models are built to simplify complex problems by focusing on the most important variables. The circular flow of income, for example, shows the flow of goods and services, and the flow and currencies between households, businesses, and government in aggregate, that is, all production and consumption by these agents in a given country. Thus, the income stream seeks to understand the important elements of income creation and distribution in a given economy.
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It is important to obtain a job that has medical benefits because Healthcare services and medical insurance plans are very expensive.
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It must be the second choice “It was important to have popular support beforehand”
Evidence: “...but he postponed action against slavery until he believed he had wider support from the American public.”
Answer:
Government in which citizens choose members of a legislature to make policy, rather than making it themselves, was favored by Madison and included in the Constitution because: Direct government by citizens was impractical and was believed to be less likely to produce public policy.
Explanation:
