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Which of the following statements is true? a.The scientific method used by economists is based on idealism and not empiricism. b. Models that economists use are perfect replicas of reality. c. Testing with data enables economists to distinguish between good models and bad models. d. Models help economists to explain the past, but do not help in predicting the future.

Respuesta :

Answer:

c. Testing with data enables economists to distinguish between good models and bad models.

Explanation:

  • The scientific method is the method this is valid and is testable and is reliable in terms of the results and is thus the economist use testing as a major mechanism to define the model's genuineness and the model is appropriate for the use in terms of the nation domains.

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