Multiple Choice
Even if economic theory is based on positive analysis,economists may still disagree with each other because
A) economists tend to have excessive self-interest
B) they ignore politics
C) they are opinionated
D) they may have different values,like everyone else
E) they try to be right all the time
Correct Answer:
Verified
Correct Answer:
Verified
Q90: Normative economics deals with<br>A) how the economy
Q91: Opportunity costs arise because of resource scarcity.
Q92: Because economists have different values,like everyone else,they<br>A)
Q93: If an economic model includes an assumption
Q94: An assumption that makes an economic model
Q96: Which of the following explains why economists
Q97: Positive economics deals with<br>A) theories about improving
Q98: No society can provide its citizens with
Q99: The ultimate purpose of an economic model
Q100: Due to a scarcity of resources,<br>A) governments