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Economics is regarded as a science because?

Economics
WAEC 2017

Economics is regarded as a science because?

  • A. its issues can be easily verified by reference to facts
  • B. it adopts scientific methods in making its analysis
  • C. its issues are relevant for national development
  • D. its subject matter studies human behaviour
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Correct Answer: Option B
Explanation

Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behavior of individuals, groups, and organizations.

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