Aggregation allows economists to ________ at the cost of ________.
A) see the big picture; obscuring the details
B) make positive statements; ignoring normative analysis
C) make normative statements; ignoring positive analysis
D) see the details; obscuring the big picture
Correct Answer:
Verified
Q144: Which of the following is the most
Q145: Macroeconomists are concerned with each of the
Q146: Macroeconomists would be most likely to study
Q147: Aggregation means the:
A)adding up of individual economic
Q148: In a debate on the state of
Q149: Macroeconomists are more likely than microeconomists to
Q150: A cost of aggregation is that:
A)details about
Q151: Which of the following is a macroeconomic
Q152: In a debate on the state of
Q153: The adding up of individual economic variables
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