What did Frisch establish in economics?
Quantitative and statistical methods
Behavioral economics
Environmental economics
Development economics
Answer
Quantitative and statistical methods were established in economics by Ragnar Frisch. These methods involve the use of mathematical and statistical techniques to analyze economic data and test economic theories. Frisch's work laid the foundation for econometrics, a field that combines economic theory with statistical methods to provide empirical evidence for economic models.
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