Which of the Following Statements About Economic Models Is Correct

question 135

Multiple Choice

Which of the following statements about economic models is correct?

• A)Economic models are built to mirror reality exactly.
• B)Economic models are useful,but they should not be used for the purpose of improving public policies.
• C)Because economic models omit many details,they allow us to see what is truly important.
• D)Economic models seldom incorporate equations or diagrams.

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Definitions:

Amniotic Fluid

The fluid within the amniotic sac that surrounds the embryo or fetus.

Uterus

A female reproductive organ where a fertilized egg can develop into a fetus.

Preterm Births

Births that occur before the 37th week of pregnancy, often resulting in health risks for the baby.

Prenatal Care

Recommended health care after a woman becomes pregnant and involves the monitoring of the baby’s development as well as the mother’s health.