Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Odell and Stephany created economic models to examine the impact of a new tax policy on the economy. When they created their respective economic models, they used different assumptions to simplify the economy. Odell and Stephany will likely:

Sagot :

ogorwyne

Odell and Stephany are likely to give conflicting advice to policy makers.

What is an economic model?

These are the models that are used to describe reality based on the economic behaviors that have been tested.

The question here says that the both of them used different assumptions in the analysis that they did.

This may cause them to give conflicting advices because they would give the advices based on the assumptions that they have.

Read more on economic models here:

https://brainly.com/question/7967610

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.