An economist creates an economic model describing how wages will respond when the government imposes higher taxes on wor

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An Economist Creates An Economic Model Describing How Wages Will Respond When The Government Imposes Higher Taxes On Wor 1 (51.25 KiB) Viewed 65 times

An economist creates an economic model describing how wages will respond when the government imposes higher taxes on workers. According to positive economics, this model is a good model if the model Select one: O A. has sufficiently realistic assumptions about workers and employers. O B. is theoretically correct even if its predictions are wrong. accurately predicts how wages in the aggregate adjust to higher taxes. OD. is flexible enough to explain the outcome if wages go up or down. Clear my choice