When Economists Are Trying to Help Improve the World,they Are

question 39

Multiple Choice

When economists are trying to help improve the world,they are

• A)in the realm of positive economics rather than normative economics.
• B)in the realm of macroeconomics rather than microeconomics.
• C)scientists.
• D)policy advisers.

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Definitions:

Opinions

Personal views or judgements formed about something, not necessarily based on fact or knowledge.

Knowledge

Information, understanding, or skills acquired through experience or education.

Challenging Goals

Specific, difficult objectives set to motivate and improve performance by pushing boundaries beyond the current capabilities.

Positive Attitude

A mental state which involves looking at the good side of things and expecting positive outcomes.