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:

England

A country that is part of the United Kingdom, located on the island of Great Britain, known for its rich history, cultural heritage, and as the birthplace of the English language.

Barbara Ehrenreich

An American author and activist known for her critiques on the economic inequalities in Western societies, notably in her book "Nickel and Dimed."

Nickel and Dimed

A term popularized by Barbara Ehrenreich's book on the struggles of low-wage workers, highlighting the challenges of living on insufficient income.

Minimum-Wage

The lowest legal hourly payment for workers, set by law or contract, aimed at ensuring a minimum standard of living for employees.