Economic Models

question 175

Multiple Choice

Economic models

• A)are not useful because they omit many real-world details.
• B)are usually composed of diagrams and equations.
• C)are useful because they do not omit any real-world details.
• D)are usually plastic representations of the economy.

---

Definitions:

Elected Members

Individuals chosen through a voting process to hold public office or represent a constituency in a legislative body.

Carl Von Clausewitz

A Prussian general and military theorist who deeply influenced 19th and 20th-century military strategy and the philosophy of war, best known for his work "On War."

Politics

The activities associated with the governance of a country or area, especially the debate and conflict among individuals or parties having or hoping to achieve power.

War

An organized and often prolonged conflict that is carried out by states or non-state actors, involving large-scale violence and disturbances to social order.