An economic model based in positive economics should be
judged
Select one:
A. by the quality and quantity of its underlying
assumptions.
B. by the accuracy of its predictions rather than by the
accuracy of its assumptions.
C. by its ability to accurately capture and describe the many
complex details of the real economy.
D. on its ability to incorporate the idiosyncratic factors that
typically characterize human interactions.
An economic model based in positive economics should be judged Select one: A. by the quality and quantity of its underly
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