Which best describes the purpose served by economic models within an economic system?

models identify patterns.

models determine the business cycle.

models control change.

models define global demand.

The first answer is correct (A).

The theoretical models of economics are characterized by producing insights about the real functioning of the economy. In this way, a well-adjusted model identifies the patterns of functioning of economies, such as economic cycles and the expectation reversion aspects of economic agents and crises.

However, no model has the ability to control any economic aggregate. The models serve for the authorities to get ahead of economic events and make efficient decisions according to their objectives. For example, stimulating the economy, curbing inflation or avoiding crises.

Models identify patterns.

first of all, it's important to say that the book we shall not be moved, written by joan dash, is about the first strike of women in the united states in the year 1909. the best historical detail to clarify the reader's undertanding is the phrase "general strike". this strike involved women working at a garment factory who decided to protest   long working hours, low wages and brutal conditions. this strike became known as "the new york shirtwaist strike" or "the uprising of the 20,000". the strike mostly involved jewish women who did not speak english or who had a basic knowledge of the english language. finally, the strike went on from november 1909 until february 1910.

portugal is the westernmost country in europe.