When an Economist Evaluates a Positive Statement,he or She Is

question 7

Multiple Choice

When an economist evaluates a positive statement,he or she is primarily

• A)examining evidence.
• B)acting as a scientist.
• C)concerned with verifying how the world is.
• D)All of the above are correct.

Recognize the effects of fiscal and monetary policies on savings, consumption, and investment behaviors.

Understand the concept of budget deficits and their sustainability in relation to GDP growth.

Analyze the effects of tax rate changes on private savings and national savings.

Recognize the implications of different tax law changes on savings.

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Definitions:

Speed Dating

A method of meeting potential romantic partners in which participants have brief conversations with a series of individuals in order to determine mutual interest.

Stalking

The act of repeatedly following, watching, or contacting someone in a way that is threatening or invasive.

Cyberdating

The process of engaging in romantic or sexual relationships through the Internet.

Superficial

Concerned with or understanding only what is on the surface, without depth in thinking or feeling.