logo

Crowdly

Browser

Add to Chrome

Which of the following statements is/are incorrect with regard to the main purpo...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

Which of the following statements is/are incorrect with regard to the main purpose of economic theory?

a) Economic theory aims to capture every detail of a phenomenon under study.

b) Economic theory explains how the real economy functions.

c) Economic theory aims to predict changes in economic conditions and its impact on the whole economy.

d) Economic theory serves as an underpinning for the formulation and analysis of economic policies.
0%
0%
0%
More questions like this

Want instant access to all verified answers on mymodules.dtls.unisa.ac.za?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Browser

Add to Chrome