5. What is economic/scientific methodology? Why is it important? Explain how we would follow this methodology...

5. What is economic/scientific methodology? Why is it important? Explain how we would follow this methodology for the study of unemployment in the USA? (What steps would we go through, what would we look for and why? Be specific).

6. What is ceteris paribus? Why are we concerned with it? Is Economics the only field that deals with ceteris paribus?

Expert Solution

There are two methods in economic methadalogy are as follows

Rahul Sunny answered 1 year ago

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