From the list below, select the characteristics that describe a good economic model. a. Includes every detail

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From the list below, select the characteristics that describe a good economic model.
a. Includes every detail of a given situation.
b. Predicts that A causes B.
c. Makes approximately accurate assumptions.
d. Fits the real world perfectly.
e. Predicts things that are usually true.
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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