When Economists Make

question 37

Multiple Choice

When economists make

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

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Definitions:

Strike Procedures

The policies and steps legally required to be followed by a union or employees when organizing and executing a strike action.

Public Sector Strikes

Work stoppages or protests initiated by employees within government services or institutions to press for better working conditions or pay.

Public Interest

The welfare or well-being of the general public and society.

Employer's Cost

Refers to the expenses borne by an employer in the course of business, including wages, benefits, training, equipment, and other costs related to employing and maintaining a workforce.