JAMB Economics 2008 Objective — Question 3
Question 3 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.
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If the increase in the price of yams is used to estimate the inflation rate, this is an example of
- A. deductive reasoning
- B. inductive reasoningCorrect
- C. normative reasoning
- D. positive reasoning
Explanation
Inductive reasoning is the method when a specific issue is used to make generalized assessment.
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