Economic models​ are:

a. simplified versions of reality designed to analyze​ "what ought to​ be" to help the government improve outcomes.

b. simplified versions of reality designed to analyze​ "what is" to explain human decision making in a business context.

c. complex mathematical formulas designed to identify optimal market outcomes and guide policymakers.

d. complex mathematical formulas designed to forecast future economic events such as inflationinflation.

e.