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1 November, 06:37

Which of the following is part of an economic model? A. norms B. opinions C. preferences of economic agents D. data

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  1. 1 November, 06:55
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    The correct answer is letter "D": data.

    Explanation:

    Economic models are abstractions that aim to simplify real-world economic events. Economists base their hypothesis in data collected that allows thinking certain patterns are being repeated and are likely to let verify trends by which those events can be studied and dealt with if occurred again.
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