what is variable in economics
Answers
Answered by
7
Any data accounted for in an economic model. An economic variable is any measurement that helps to determine how an economy functions. Examples include population, poverty rate, inflation, and available resources.
Answered by
2
Answer:
Any data accounted for in an economic model. An economic variable is any measurement that helps to determine how an economy functions. Examples include population, poverty rate, inflation, and available resources.
Similar questions
Social Sciences,
3 hours ago
Math,
3 hours ago
Social Sciences,
3 hours ago
Physics,
5 hours ago
Chemistry,
5 hours ago
Math,
7 months ago