The fact that the price of a gallon of milk is likely to be more expensive at a convenience store than at a supermarket is an example of:
A) market forces.
B) political forces.
C) social forces.
D) normative economics.
Correct Answer:
Verified
Q71: Economics is primarily:
A) a normative science.
B) an
Q72: An economic model:
A) applies economic theory to
Q73: A natural experiment is:
A) a naturally occurring
Q74: Experimental economics:
A) includes naturally occurring events that
Q75: A theorem is:
A) the application of models
Q77: An economist secures volunteers from her college
Q78: Economic forces:
A) are more powerful than social
Q79: Propositions that are logically true based on
Q80: An economic principle:
A) should be used to
Q81: Microeconomics and macroeconomics are:
A) not related because
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