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I
Question Practice

Which statement accurately summarizes the relationship between statistics and economic policies?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Introduction
Question Bank

Which statement accurately sum...

Single Answer MCQ
Q-00062618

Which statement accurately summarizes the relationship between statistics and economic policies?

1

Statistics is only secondary to economic theory.

2

Economic policies rely on statistical evidence for effectiveness.

3

Statistics cannot impact real-world economics.

4

Every economic decision is purely theoretical.

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