When Economists Make

question 6

Multiple Choice

When economists make

• A)positive statements,they are speaking not as scientists but as policy advisers.
• B)positive statements,they are speaking not as scientists but as forecasters.
• C)normative statements,they are speaking not as scientists but as policy advisers.
• D)normative statements,they are speaking not as policy advisers but as model-builders.

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Definitions:

Whigs

A political party active in the 19th century United States that advocated for federal government support of internal improvements and a national bank.

Federal Government

The national government of the United States, created by the Constitution, that encompasses the executive, legislative, and judicial branches.

Welfare Of The People

The general health, happiness, and safety of the population, often considered a primary goal of government policies and social programs.

Liberty

The condition in society where one faces no oppressive limitations from authorities on their lifestyle, conduct, or political stances.