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When Evaluating the Usefulness of an Economic Model,one Should Check

Question 52

Multiple Choice

When evaluating the usefulness of an economic model,one should check to see whether the model


A) is consistent with models in other social sciences.
B) is based on assumptions that are all close replicas of reality.
C) is intelligible to the average layperson.
D) predicts more accurately than any other model.
E) can be tested under carefully controlled conditions.

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