Multiple Choice
The assumption that nothing changes EXCEPT the variables being studied is
A) the ceteris paribus assumption.
B) the rationality assumption.
C) positive economic analysis.
D) normative economic analysis.
Correct Answer:
Verified
Correct Answer:
Verified
Q291: Jaime's father gives her a car for
Q292: The rationality assumption states that<br>A) all actions
Q293: "Ceteris paribus" means<br>A) "invisible hand."<br>B) "other things
Q294: Which of the following would most likely
Q295: Explain what economists mean when they apply
Q297: Microeconomics examines the<br>A) total household expenditures.<br>B) behavior
Q298: Which of the following is a normative
Q299: When people donate money to a charity,
Q300: When two variables have an inverse relationship,
Q301: Another term for "economic models" is<br>A) economic