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22 February, 05:37

Economic models

a. cannot be useful if they are based on false assumptions.

b. were once thought to be useful, but that is no longer true.

c. must incorporate all aspects of the economy if they are to be useful.

d. can be useful, even if they are not particularly realistic.

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  1. 22 February, 07:57
    0
    The answer is C; must incorporate all aspects of the economy if thy are to be useful
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