Normative economics reflect:
A) society's laws.
B) economic analysis based on facts and evidence.
C) empirical and significant economic observations.
D) subjective values.
Correct Answer:
Verified
Q42: A mixed economy is best described by
Q43: A pure command economy is best characterized
Q44: Most real world economic systems are:
A) pure
Q45: Which of the following statements is false?
A)
Q46: The invisible hand is:
A) when individuals' pursuit
Q48: All of the following statements are false
Q49: Normative economics:
A) makes explanations based upon economic
Q50: The propositions that emerge from positive economics
Q51: On October 20, 1987, some financial newspapers
Q52: When we make resource allocation recommendations based
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