The use of theory and observation is more difficult in economics than in sciences such as chemistry due to the difficulty in
A)conducting laboratory experiments.
B)relying upon the scientific method.
C)analyzing available data.
D)formulating theories about economic events.

Question

Quizplus · Accepted Answer

Economics often cannot use controlled laboratory experiments to test theories due to the complexity and scale of economic phenomena, making direct experimentation impractical compared to fields like chemistry.

The Use of Theory and Observation Is More Difficult in Economics