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Chapter 8 Building Blocks in Economics the Problem of Choice - Part 3

Why is data important in economics?

Type: MCQ • Marks: 1
Why is data important in economics?
Options
A. It guarantees accurate predictions
B. It eliminates scarcity
C. It helps economists analyse economic conditions and trends
D. It replaces economic choices
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Class 9th Understanding Society India and Beyond, Part I

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