Economics is often described as a science because it
ECONOMICS
JAMB 2023
Economics is often described as a science because it
- A. employs the use of laboratory experiments
- B. use scientific methods to explain observed phenomena
- C. make use of controlled experiments
- D. engages accurate predication of human beings
Correct Answer: B. use scientific methods to explain observed phenomena
Explanation
Economics is regarded as a science because it uses scientific methods to build theories that can help explain behaviour of individuals, groups and organisations.
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