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Why do economists use economic models (circular flow diagram, production possibility frontier, supply and demand)when making predictions or assumptionsabout the economy? Which economic model do

Why do economists use economic models (circular flow diagram, production possibility frontier, supply and demand)when making predictions or assumptionsabout the economy? Which economic model do you believe is the most beneficial to YOU at the present time? Why?

Minimum 250 Words and one source please.

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