The propositions that emerge from positive economics can generally be supported or refuted:
A) by facts.
B) by normative analysis.
C) by high ranking government officials, especially high ranking economists.
D) only by economic experts in their particular field of studies.
Correct Answer:
Verified
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A)
Q46: The invisible hand is:
A) when individuals' pursuit
Q47: Normative economics reflect:
A) society's laws.
B) economic analysis
Q48: All of the following statements are false
Q49: Normative economics:
A) makes explanations based upon economic
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Q53: All of the following, except one, are
Q54: "The Canadian Government ought to increase the
Q55: Microeconomics best describes the study of the:
A)
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