When Economists Make Normative Statements,they Are

question 35

Multiple Choice

When economists make normative statements,they are

• A)speaking as scientists.
• B)speaking as policy advisers.
• C)making claims about how the world is.
• D)revealing that they are very liberal in their views of how the world works.

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Definitions:

Thinking about Death

The contemplation of mortality and the implications of one's own demise or the death of others.

First Steps

First Steps typically refers to the initial measures or actions taken toward achieving a goal or commencing a process.

Cosmopolitanism

An ideology that all human beings belong to a single community, based on a shared morality, regardless of nationality, ethnicity, or local affiliations.

Homiphily

The tendency of individuals to associate and bond with others who share similar interests, values, or backgrounds.