Which of the following statements is correct?
a. Equilibrium in GDP growth rate is when the growth rate is zero.
b. A model is an economic relationship that is only represented by mathematics.
c. A model is an exact representation of what goes on in the economy.
d. Equilibrium is a self-perpetuating situation that does not change, unless a force for change is introduced from the outside and alters the basic data describing the situation.



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