Which Is the Best Statement About the Way Economists Study

question 95

Multiple Choice

Which is the best statement about the way economists study the economy?

• A)They study the past, but do not try to predict the future.
• B)They use a probabilistic approach based on correlations between economic events.
• C)They devise theories, collect data, and then analyze the data to test the theories.
• D)They use controlled experiments much the same way a biologist or physicist does.

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