When economists are trying to explain the world,they are
A) scientists.
B) policy advisers.
C) in the realm of microeconomics rather than macroeconomics.
D) in the realm of normative economics rather than positive economics.
Correct Answer:
Verified
Q10: Which of the following statements is correct
Q11: Economists view normative statements as
A)prescriptive,making a claim
Q12: When economists are trying to help improve
Q13: Economists speaking like scientists make
A)normative statements.
B)prescriptive statements.
C)claims
Q14: When an economist is asked a question
Q16: One way to characterize the difference between
Q17: When economists make positive statements,they are
A)speaking as
Q18: A statement describing how the world is
A)is
Q19: Economists view positive statements as
A)affirmative,justifying existing economic
Q20: Normative statements are
A)prescriptive,whereas positive statements are descriptive.
B)descriptive,whereas
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