Why could economics not be defined precisely?


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Arthur Wright Profile
Arthur Wright , Florida Paralegal with a BS degree in Social-Psychology, answered

Mostly because of the stock markets and the way they change so constantly, and with the US dollar fluctuating up and down on the International Market, there cannot be a precise definition, and with Businesses coming and going, store closures, employees being laid of, consumers not buying, all take their toll on the economic situation

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