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- . Which statement best describes why business economics is an important field of study? It examines how government policies impact other nations. It involves how population distribution affect the environment. It involves how limited resources influence personal decisions. It examines how financial traditions shape modern society.How will you explain the formal definition of econometric?Are there any merits to Thomas Maltus' economic theories? Why did Malthus' predictions fail to come true?
- Why mainstream economics has intentionally misinterpreted the pioneers of economic theory?Using an economic issue (phenomenon) of your choice, can you explain the methodological framework and the major objectives of econometrics?What are the general philosophies of any two of the following famous economists? Is it possible to get help understanding why they are so significant? John Maynard Keynes, Milton Friedman, Adam Smith, Karl Marx, John Stuart Mills, Friedrich Hayek.
- Most economists believe that economic analysis _____ be made completely free of judgment, in part because it is _____ to absolutely refute a theory on the basis of factual evidence. a. Can; impossible. b. Can; possible. c. Cannot; impossible. d. Will; necessary. e. Cannot; possible.What for you is the importance of "Data Analysis" in Quantitative Research?