Economic theory is:
a. the developmentand use of a model to test hypotheses
b. the specificationof a set of assumptions.
c. a prediction aboutcause and effect.
d. None of the above.
ANSWER: a
why do not choose both A and C?

"Economic theory is the developmentand use of a model to test hypotheses, which are predictions about cause and effect." (page 27)

How can I help you?

Why do not choose C?