The validity of an economic theory is judged by its power to:

by
Question:

The validity of an economic theory is judged by its power to:

A.

Explain an economic phenomenon

B.

Predict the course of an economic phenomenon

C.

Prove or disprove a hypothesis

D.

Reveal the economic laws

Answer» a. Explain an economic phenomenon

Note: The above multiple-choice question is for all general and Competitive Exams in India.