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Economic models: A. are of limited use because they cannot be tested empirically. B. are limited to variables that are directly related to one another. C. emphasize basic economic relationships by purposefully
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Economic models: A. are of limited use because they cannot be tested empirically. B. are limited to variables that are directly related to one another. C. emphasize basic economic relationships by purposefully simplifying the complexities of the real world. D. are unrealistic and therefore of no practical consequence.

User Trapsilo Bumi
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Answer:

C. emphasize basic economic relationships by purposefully simplifying the complexities of the real world.

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User Chris Padgett
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