Question: A good economic model Question 12 Select one: A. leaves out unnecessary information. B. is difficult to test. C. assumes that other things are unchanged.

A good economic model Question 12 Select one: A. leaves out unnecessary information. B. is difficult to test. C. assumes that "other things are unchanged." D. is the mental equivalent of controlled experiments in a laboratory. E. does all of the above

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2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).