Positive analysis of economic policy
A. examines the economic consequences of policies and addresses the question of whether those consequences are desirable.
B. generates less agreement among economists than normative analysis.
C. is rare in questions of economic policy.
D. examines the economic consequences of policies but does not address the question of whether those consequences are desirable.
Answer: D
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Indicate whether the statement is true or false
Over the long run, a government's fundamental source of revenues is
A) printing money. B) user fees and taxes. C) exports. D) gold sales.
Which of the following statements is true?
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