When Economists Do Disagree, the Disagreement Most Likely Concerns

question 69

Multiple Choice

When economists do disagree, the disagreement most likely concerns

• A)positive issues.
• B)normative issues.
• C)theoretical issues.
• D)minor issues.
• E)just about any economic topic.

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Definitions:

International Debts

Financial obligations owed by one country to foreign lenders, which can include governments, corporations, or international financial institutions.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured as the percentage increase in real gross domestic product (GDP).

Trade Barriers

Measures implemented by governments to regulate international trade, such as tariffs, quotas, and import bans, which can protect domestic industries.

Population Growth

The increase in the number of individuals in a population, usually measured as the percentage change at a specific time.