Question: An economic model: a . can never be proven wrong if its assumptions are realistic. b . must be presented in mathematical terms. c .

An economic model:
a. can never be proven wrong if its assumptions are realistic.
b. must be presented in mathematical terms.
c. produces poor predictions if it includes an unrealistic assumption.
d. omits critical elements.
e. simplifies reality in order to focus on its essential elements.
An economic model: a. can never be proven wrong if its

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