A. assume that all factors in the model change at the same time.
B. include every detail found in the real world.
C. are not tested using real-world data.
D. can be used to explain or predict economic phenomena.
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Home » Business » Economic models A. assume that all factors in the model change at the same time. B. include every detail found in the real world. C. are not tested using real-world data. D. can be used to explain or predict economic phenomena.