Additional police officers should be hired to combat crime if and only if
A) their salaries can be paid for out of current budgets without raising taxes.
B) their salaries are paid for by taxes on business owners and not employees.
C) a city's crime rate is above the national average.
D) the opportunity costs of employing additional officers are less than the benefits from having them.
Correct Answer:
Verified
Q130: Normative economic analysis always involves
A)true statements.
B)testable hypotheses.
C)value
Q131: An inverse relationship between two variables is
A)one
Q132: A widely accepted socio-economic goal is
A)unemployment.
B)inefficiency.
C)economic growth.
D)inflation.
Q133: A widely accepted socio-economic goal is
A)inefficiency.
B)price stability.
C)inflation.
D)unemployment.
Q134: In a model,an independent variable represents
A)a cause.
B)an
Q136: A direct relationship is
A)one in which an
Q137: Economic models
A)are used only in normative economics.
B)are
Q138: A dependent variable is
A)a variable whose value
Q139: Normative economic analysis
A)generates testable hypotheses.
B)includes statements about
Q140: Which of the following is a normative
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