Which of the following statements is true? a. The word theory means same for both economists and laymen. b. Abstraction forms an important part of economic analysis. c. Economic theory does not make unrealistic assumptions. d. Economists should not ignore details while focusing on complex problems.
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Home » Business » Which of the following statements is true? a. The word theory means same for both economists and laymen. b. Abstraction forms an important part of economic analysis. c. Economic theory does not make unrealistic assumptions. d.