In evaluating policy effectiveness, economists rely on:

A. positive analysis.
B. normative analysis.
C. both normative and positive analysis.
D. Economists can never fully analyze any real-world policy effectiveness.


C. both normative and positive analysis.

Economics

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Explain three ways we can use microeconomic analysis

What will be an ideal response?

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The use of hospitals today is dominated by

A) the elderly. B) immigrants. C) obstetrical care. D) the wealthy.

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As of the year 2000, manufacturing, mining, and construction accounted for what percentage of total U.S. output?

A. 28 percent. B. 15 percent. C. 19 percent. D. None of the choices are correct.

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Economist ________ shows the "limits of arbitrage."

A) Doug Diamond B) Andrei Shleifer C) Philip Dybvig D) Richard Thaler

Economics