When discussing rules that governments use to intervene in a market, we can take a ________ approach where we discuss what governments should do, or a ________ approach where we discuss what governments actually do
A) normative; positive
B) positive; normative
C) optimistic; cynical
D) bipartisan; normative
A
Economics
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Refer to the scenario above. What will be the GDP per capita of country B at the beginning of year 2012?
A) $2,555.15 B) $28,82.85 C) $2,450.65 D) $2,646
Economics
Public goods are
A. nondepleteable and nonexcludable. B. depleteable and excludable. C. nondepleteable but excludable. D. depleteable but nonexcludable.
Economics
The largest component of U.S. GDP is:
A.) Government services at the federal, state and local levels combined. B.) Business investment. C.) Household consumption. D.) Net exports.
Economics
Which gives you greater total utility: 14 gallons of water per day or 22 gallons per day? Why?
Economics