Questions that address what did,will or would actually happen are called ________ questions.
A) normative
B) positive
C) efficiency
D) equity
Correct Answer:
Verified
Q12: In a free market system
A) there is
Q13: The rate at which someone can swap
Q14: In deciding on how to spend their
Q15: According to economists,which of the following is
Q16: In a communist economy,
A) the state controls
Q18: A society's institutions
A) include the laws and
Q19: To an economist,a single market is associated
Q20: In most countries,decisions that affect medical expenditures
Q21: The real test of a good model
Q22: In conducting positive economic analysis,economists apply
A) subjective
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