English

Statistics solve economic problems. - Economics

Advertisements
Advertisements

Question

Statistics solve economic problems.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

This statement is true. 

Explanation: 

Statistics acts as a tool in the hands of economists that enables them to understand and evaluate an economic problem. The causes of a problem are identified through statistical tools and methods and policies and rectification measures are formulated accordingly.

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×