If economic theories are solidly based on relevant facts, then appropriate economic policy becomes obvious and uncontroversial.

Question

Quizplus · Accepted Answer

While economic theories can provide insight into how the economy functions, there are often competing theories and interpretations of data. Economic policy decisions can be influenced by a variety of factors, including politics, values, and societal priorities, which can lead to disagreement and controversy.

If Economic Theories Are Solidly Based on Relevant Facts, Then