_____ tools refer to the set of tools designed to understand the mechanics behind economic decision making.
A) Efficiency
B) Empirical
C) Theoretical
D) Data

Question

Quizplus · Accepted Answer

Theoretical tools refer to the set of tools designed to understand the mechanics behind economic decision making. Efficiency tools relate to the optimization of resources, empirical tools relate to the collection and analysis of data, and data tools relate to the collection, analysis, and management of data.

_____ Tools Refer to the Set of Tools Designed to Understand