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To test their theories, economists usually have to:____.

1 Answer

2 votes

Answer:

Confront theories predictions with evidence

Step-by-step explanation:

To test economic theories, economists would observe real behavior and test it with data from the real world. Which would in turn provide evidence based on what is being tested. Confronting theories predictions with evidence is a pointer to the fact that economic theories are verifiable and their validity can be tested.

User Michael Radionov
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