Economy, asked by abjrafi, 2 months ago

Explain the deductive mathod of economics analysis

Answers

Answered by sahilkumarsingh821

1

The deductive method derives new conclusions from fundamental assumptions or from truth established by other methods. It involves the process of reasoning from certain laws or principles, which are assumed to be true, to the analysis of facts. Then inferences are drawn which are verified against observed facts.

Previous Question

Next Question

Similar questions

English, 1 month ago

Define Depression____!!!

Math, 1 month ago

the perform a dance to inform others about the direction and place where the food is available____...

Geography, 1 month ago

4 अंक प्रश्न 2. निम्नलिखित का मिलान कीजिए- 9 101 hammade 100 (ख) फायरबिग्रेड (क) एम्बुलेंस (ii) 1098 आपातकालीन बाल सहायता (iv) 102 उत्तरीति...

Science, 2 months ago

3. Write any one use of following isotopes. a. Carbon-14 b. Uranium-235 C. Iodine-131 d. Sodium-24...

Computer Science, 2 months ago

Althrough the magnetic tape can store large quantity of data, it has one drawback when compared to other storage devices such as hard disk...

History, 8 months ago

who put the strong resistance against Mughals to defend nizamshah...

English, 8 months ago

Demonstrators broke _____the police cordon...

Chemistry, 8 months ago

A student dropped a few pieces of marble in dilute hydrochloric acid contained in a test tube. The evolved gas was passed through lime water. What change would be observed in lime water ? Write balanced chemical equations for both the changes observed. (b) State the chemical property in each case on which the following uses of baking soda are based : 1.as an antacid 2.as a constituent of...