Examlex
The level of moral reasoning in which children make moral judgments on the basis of avoiding punishment and maximizing benefits to themselves is called the
Positive Economics
Positive Economics is the branch of economics that deals with the description and explanation of economic phenomena, focusing on factual and cause-and-effect relationships.
Economic Variables
Quantitative measures that represent aspects of the economy or a company and can change over time, such as GDP, inflation rate, and unemployment rate.
Policy Makers
Individuals or groups responsible for making decisions that affect the economy, society, or governance.
Normative Economics
A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like.
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