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19 multiple choice 1 point economic models are used by economists to do all of the following except predict economic behavior. force people to behave a certain way. develop economic policies. explain economic behavior. 20 multiple choice 1 point the latin phrase ceteris paribus means the production possibilities curve never shifts. this quiz was the best quiz ever. other things remaining equal.
Economic models are tools for prediction, policy - development, and explanation of economic behavior, not for forcing people's behavior. Ceteris paribus is a fundamental concept in economics meaning other things remaining equal.
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- B. force people to behave a certain way
- C. other things remaining equal