Question

Mary is an economist specializing in econometrics. How does her work relate to sustainable development?

a-She identifies new oil reserves.
b-She predicts the success of new advertising campaigns.
c-She measures the value of economic production and consumption.
d-She calculates currency exchange rates
e-She identifies new renewable energy sources

Answer 1

She measures the value of economic production and consumption.

Step-by-step explanation:

Econometrics now measures all aspects of production and consumption of raw materials and finished manufactured goods. We use this data to measure the value and viability of coal mines, oil fields, and even fish farms.

Answer 2

The answer is letter C. She measures the value of economic production and consumption, because Econometrics is the application of mathematics and statistics to the study of economic and financial data. It is involved in the study of problems, the analysis of data, and the development and testing of theories and models.