Answered

Why is there so much emphasis on exact definitions in economics?
A)Because economists are very picky people.
B)Because economics is a science and must be precise.
C)Because definitions are what economics is all about.
D)Because the government demands it.



Answer :

kmatras1
The correct answer is B.

Economics, like any other science, must be precise because any error can have repercussions on a large scale.
A and C are incorrect because they are generalized statements.
D is incorrect because the government is not solely responsible for economics, just as it's not solely responsible for chemistry or biology. 

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