An economic model is a A) realistic version of an economic ...

[sabina]

An economic model is a
 
  A) realistic version of an economic environment.
  B) fictional representation of an entire economy.
  C) detailed version of an economic issue.
  D) simplified representation of an economic environment.

Question 2

A variable that is potentially affected by an experimental treatment is referred to as a(n):
 
  A) compulsory variable. B) omitted variable.
  C) independent variable. D) dependent variable.

[strudel15]

Answer to Question 1

D

Answer to Question 2

D