If an economic relationship is complex, it must generally be expressed as an equation.

Name: If an economic relationship is complex, it must generally be expressed as an equation.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

An equation is a mathematical expression that shows the relationship between two or more variables. If an economic relationship is complex, it will likely involve multiple variables and their interactions. In order to accurately represent such a relationship, it is often necessary to express it as an equation.

If an Economic Relationship Is Complex, It Must Generally Be