Economists are:

Question

Economists are:

Quizplus · Accepted Answer

Economists are known for developing theories to explain economic phenomena and using these theories to solve real-world problems. However, they also recognize the limits of theoretical models and are willing to update or revise their theories when necessary. While economists may not always be able to predict changes in economic variables with complete accuracy, they use economic data and analysis to make informed predictions and recommendations. Finally, there can be significant differences of opinion among economists regarding the best course of action in a particular situation, so there may not be agreement on policy decisions.

Economists Are