Question

what are the differences of economics as an applied science and economics is an applied science?100 words.​

Answer 1

Answer:

Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. ... Applied science is a discipline that applies existing scientific knowledge to develop more practical applications, such as technology or inventions

Answer 2

Answer:

Economics is the scientific study of the ownership, use & exchange of scarce resources - often shortened to the science of scarcity. Applied science is a discipline that applies existing scientific knowledge to develop more practical applications such as technology or inventions.

Explanation:

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