Solved

Economists Use ____ Economics to Understand How the Economy Works

Question 114

Multiple Choice

Economists use ____ economics to understand how the economy works. They use ____ economics to choose from among several economic policies.

A) statistical; circular flow
B) macro; micro
C) micro; macro
D) positive; normative
E) normative; positive

Related Questions

Q109: Most economic forecasts<br>A) are accurate<br>B) are more

Q110: Econometrics is the use of statistics to

Q111: Economics is a study of how<br>A) people

Q112: To state that the resources of the

Q113: When economists hold factors other than the

Q115: The circular flow model is an abstract

Q116: Read the following conversation and explain who

Q117: Households purchase goods and services in the<br>A)

Q118: In what market are goods and services

Q119: Economists exclude many interesting economic structures and