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CDS II 2019
Question #115
Basic Economic Concepts
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Which one of the following statements with regard to economic models is not correct?
A
They involve simplification of complex processes
B
They represent the whole or a part of a system
C
They can be expressed only through equations
D
They help in gaining an insight into cause and effect
Pick an option above to test your answer
Reveal Answer ⌄
Subject:
Economy
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Q: Which one of the following statements with regard to economic models is not correct?... | CDS II 2019 PYQ | UPSCGPT