Economic analysis is useful in
A)explaining current developments.
B)predicting future developments.
C)both explaining current developments and predicting future developments.
D)explaining current developments, but not in predicting future developments.

Question

Quizplus · Accepted Answer

Economic analysis is valuable for both explaining past or current events and predicting future developments. It allows economists and policymakers to understand the root causes of economic trends and make informed decisions based on likely future outcomes.

Economic Analysis Is Useful in