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A model that sometimes makes incorrect predictions may be used by economic decision makers a. under no circumstances b. only if its assumptions are detailed
A model that sometimes makes incorrect predictions may be used by economic decision makers
a. | under no circumstances |
b. | only if its assumptions are detailed and realistic |
c. | if it is mathematical and computerized |
d. | if it is simple enough for a child to understand |
e. | until a better model is developed |
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