explain the role of statiscal data in construction of economic theories ?
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In the construction of Economic theories, the statistical data is applied for the construction of economy by identifying its problems, in evaluating the policies of the government and planning for the future going through the economic variables and last but not the least to level up the structure of the economy.
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In the construction of Economic theories, the statistical data is applied for the construction of economy by identifying its problems, in evaluating the policies of the government and planning for the future going through the economic variables and last but not the least to level up the structure of the economy.
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