Although economic science can contribute theoretical and factual knowledge on a particular issue, the final decision on policy questions often depends on
A)information that is not currently available.
B)social judgments.
C)ethical norms.
D)All of these responses are correct.

Question

Quizplus · Accepted Answer

Policy decisions often involve a complex interplay of factors, including but not limited to economic theory and data. Social judgments and ethical considerations can also play a key role in determining the best course of action. Additionally, in some cases, important information may not yet be available or may be difficult to obtain and analyze, further complicating the decision-making process. Therefore, all of the choices (A, B, and C) are correct as they each represent potential factors that can influence policy decisions.

Although Economic Science Can Contribute Theoretical and Factual Knowledge on a Particular