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10-09-2020
Business

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Which of the following is not a characteristic of a good economic model?a. Captures the full complexity of a phenomenon b. Able to make powerful predictions c. Flexible in design d. Simple to understand

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ewomazinoade ewomazinoade

11-09-2020

Answer:

c. Flexible in design

Explanation:

An economic model is a simplified version of reality that allows us to understand and predict economic phenomena.

If economic models were flexible in design it would not make accurate predictions

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