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Which of the following is an INCORRECT statement regarding economic models? O An economic model is useful even if it predicts with less than100 percent
Which of the following is an INCORRECT statement regarding economic models? O An economic model is useful even if it predicts with less than100 percent accuracy An economic model always includes all of the details of the economic world O An economic model is useful if it predicts well, even if its assumptions are not realistic. O An economic model is especially useful when dealing with positive economic analysis
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