given the points of importance of statistical information in the study of economic
Answers
Answered by
2
Statistical data helps economists to understand the behaviour of the producer and consumer in the market. ... The relationship between supply and demand is studied by statisticalmethods; imports and exports, inflation rates, and per capita income are problems which require a good knowledge of statistics.
Answered by
3
Answer:
Statistical data helps economists to understand the behaviour of the producer and consumer in the market. ... The relationship between supply and demand is studied by statisticalmethods; imports and exports, inflation rates, and per capita income are problems which require a good knowledge of statistics.
Similar questions