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Introduction
Question
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Statistics helps in formulating policies.
  • Statistics helps to test and formulate theories
  • Statistics presents the facts in a definite form.
  • Statistics can be mis-used
  • Statistics presents the facts in a proper way.

Answer

C.

Statistics can be mis-used

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Some More Questions From Introduction Chapter

Define economic activity.

Who is a consumer ?

What is consumption ?

Who is a producer ?

What is production ?

What is saving ?

Define investment.

Who are the agents of production ?

Define economic problem.

Define Statistics as a plural noun.