28.8k views
0 votes
Which bests describes the purpose served by economic models within an economic systemh

User Gpcola
by
7.6k points

1 Answer

2 votes

To identify patterns.

An economic model is a graph or other visual tool that shows how different elements of an economy (supply, demand, etc) come together to help better understand the data.

User Haem
by
7.3k points