Which statement below best illustrates the "art," rather than the "science" of macroeconomics?
A)Macroeconomic data provide the motivation for new macroeconomic theory.
B)Macroeconomic relationships can be expressed using symbols and equations.
C)Macroeconomists must determine which simplifying assumptions give misleading
D)Graphs and charts can be used to illustrate the history of macroeconomic variables.

Question

Quizplus · Accepted Answer

The "art" of macroeconomics involves judgment and interpretation, such as determining which assumptions are appropriate and which might lead to misleading conclusions.

Which Statement Below Best Illustrates the "Art," Rather Than the "Science