From the list below, select the characteristics that describe a good economic model.
Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.
(A) Includes every detail of a given situation.
(B) Predicts that A causes B.
(C) Makes approximately accurate assumptions.
(D) Fits the real world perfectly.
(E) Predicts things that are usually true.
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