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:

Wide Area Network

A telecommunications network that extends over a large geographic area, connecting multiple smaller networks.

Enterprise Resource System

Integrated software applications that manage a company’s business processes, consolidating data to facilitate information flow across the organization.

Expert System

A computer program that mimics the decision-making abilities of a human expert, using knowledge and inference rules to solve complex problems.

Spyware

Software that secretly gathers user information through the user’s Internet connections without his or her knowledge, usually for advertising purposes.