Many economists argue that there are ethical ideas behind economic reasoning because:
A) economic reasoning does not second-guess people's preferences, and by extension respects people's choices.
B) economic reasoning is normative in nature.
C) economists include a value for welfare in all economic calculations.
D) economic markets only support those exchanges that are considered fair and equal.
Correct Answer:
Verified
Q146: Which statement is NOT correct?
A) When economists
Q147: Which is NOT considered an ethical view
Q148: The amount of money the American government
Q149: Not everyone approves of the core idea
Q150: A cosmopolitan libertarian thinker would likely support:
A)
Q152: Economics is an ethical subject in the
Q153: Economists are:
A) more likely than are politicians
Q154: Which statement is TRUE?
A) Economists treat all
Q155: Foreign aid is:
A) grants and gifts of
Q156: Economists are very supportive of voluntary trade
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