Models should:

A. attempt to include every detail of the situation being studied.
B. attempt to describe a situation with perfect accuracy.
C. not be applied to microeconomics.
D. describe a real life situation accurately.

D. describe a real life situation accurately.

Economics

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________ policy involves decisions about government spending and taxation

A) Monetary B) Fiscal C) Financial D) Systemic

Economics

As a store of value, money

A) does not earn interest. B) cannot be a durable asset. C) must be currency. D) is a way of saving for future purchases.

Economics