An economic model should capture

A) the essential relationships that help to analyze the problem.
B) all possible variables that apply to the problem.
C) only social value related variables.
D) all of the above.

A

Economics

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Macroeconomics primarily examines: a. the behavior of firms

b. how prices are determined in markets. c. broad issues such as inflation. d. the cost-minimizing conditions for business firms.

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What is the percentage of income received by the upper quintiles on line K?

Economics