Inaccurate prediction generally invalidates the use of theory in economics.

Name: Inaccurate prediction generally invalidates the use of theory in economics.
Brand: Quizplus
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Quizplus · Accepted Answer

Inaccurate prediction is a common occurrence in economics due to the complexity and unpredictability of human behavior and external factors. Theory in economics still has value in providing a framework for understanding and analyzing economic phenomena, even if some predictions may not be entirely accurate.

Inaccurate Prediction Generally Invalidates the Use of Theory in Economics