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:

Responsible Investment

An approach to investing that seeks to incorporate environmental, social, and governance (ESG) factors into investment decisions, aiming to generate sustainable, long-term returns.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.

GRI Framework

A set of standardized guidelines assisting companies in preparing and disclosing their economic, environmental, and social performance.