Respuesta :
Answer:
C). A good model must be realistic.
Explanation:
Economic model is described as the speculative build up that incorporates economic operations through a determined set of variables in a reasonable association or relationship between them.
As per the question, option C displays an incorrect or false statement about the 'economic models' as the economic models are not associated with a realistic perspective but rather adopts a rational or logical construct to display or represent the economic relationships or behavior and their reality in a simplified or modified manner. Thus, option C is the correct answer.
The economists provides with many theories or models which helps us to understand the economy. An Economic model is an simple picture of reality which depicts the reality and helps us to understand ands predict the economic behavior.
Characteristics of economic model
- Economic models are often called as economic theories.
- A good Economic model can explain the complex problems in the simplest ways.
- Helps us in predicting the behavior of people.
Therefore iot can be concluded that all the options except " A good model must be realistic" are correct and OPTION D is not true regarding the question.
Learn more about Economic model here:
brainly.com/question/24190711
C). A good model must be realistic.
Explanation:
Economic model is described as the speculative build up that incorporates economic operations through a determined set of variables in a reasonable association or relationship between them.
As per the question, option C displays an incorrect or false statement about the 'economic models' as the economic models are not associated with a realistic perspective but rather adopts a rational or logical construct to display or represent the economic relationships or behavior and their reality in a simplified or modified manner. Thus, option C is the correct answer.
