________ Analysis Addresses the Question of Whether a Policy Should

question 115

Multiple Choice

________ analysis addresses the question of whether a policy should be used, while ________ analysis addresses the economic consequences of a particular policy.

• A)Normative; positive
• B)Monetary; fiscal
• C)Positive; normative
• D)Fiscal; monetary

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Definitions:

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Waste Of Resources

The inefficient or ineffective use of materials, energy, effort, money, or time in achieving a goal or outcome.

Zero-Inflation Policies

Economic policies aimed at achieving a very low and stable rate of inflation, often through tight control of the money supply and interest rates.

Proponents

Individuals or groups who support or advocate for a particular idea, proposal, or course of action.