Multiple Choice
What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful?
A) normative questions
B) positive questions
C) labor questions
D) econometric questions
E) public policy questions
Correct Answer:
Verified
Correct Answer:
Verified
Q14: A firm's labor demand curve is typically<br>A)
Q15: Which of the following affects the wage
Q16: Which of the following is a normative
Q17: What type of questions cannot be answered
Q18: When forming theories, economists must be careful
Q20: Labor economics concerns<br>A) how labor markets work.<br>B)
Q21: Any economic model should be judged primarily
Q22: Which of the following is not a
Q23: What is likely to happen to the
Q24: Which of the following is a positive