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Economists face an obstacle that many other scientists do not face
Economists face an obstacle that many other scientists do not face. What is that obstacle?
a. It is often difficult to formulate theories in economics.
b. It is often difficult and sometimes impossible to perform experiments in economics.
c. Economics cannot be addressed objectively; it must be addressed subjectively.
d. The scientific method cannot be applied to the study of economics.
Expert Solution
Option b. It is often difficult and sometimes impossible to perform experiments in economics is correct.
This is a correct option because when a scientist develops a theory it can be easily experimented but in the case of economic the theories formulated cannot be experimented as the validity of these theories is not known.
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