Economic theory makes statements that are mostly

Related MCQs

• Which of the following is the combination of economic theory, mathematical economics and economic statistics
• Which of the following discipline express the economic theory in mathematical form
• confirmation or refutation of economic theories on the basis of sample evidence is based on the branch of statistical theory called
• ____ is a simplified description of reality, designed to yield hypothesis about economic behaviour that can be tested.
• In input-output analysis, ___ represents in monetary terms or quantitative terms all the transactions of the economic system.
• P = a – bQ is the demand cure of a monopolist. Which of the following statements is true?
• Correlation theory is based on the assumption of
• The classical theory of statistical inference consists of