We can identify the term "Econometrics" as a division of economics that A. reviews the behaviour of individual economic agents in making economic decisions. B. applies mathematical methods to represent economic theories and solve economic issues. C. deals with the performance, structure, behaviour, and decision- making of economy as a whole. D. develops and employs statistical methods to estimate economic relationships.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
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We can identify the term "Econometrics" as a division of economics that
A. reviews the behaviour of individual economic agents in making
economic decisions.
B. applies mathematical methods to represent economic theories and
solve economic issues.
C. deals with the performance, structure, behaviour, and decision-
making of economy as a whole.
D. develops and employs statistical methods to estimate economic
relationships.
Reset Selection
Transcribed Image Text:We can identify the term "Econometrics" as a division of economics that A. reviews the behaviour of individual economic agents in making economic decisions. B. applies mathematical methods to represent economic theories and solve economic issues. C. deals with the performance, structure, behaviour, and decision- making of economy as a whole. D. develops and employs statistical methods to estimate economic relationships. Reset Selection
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