Multiple Choice
In terms of production, socialism advocated for:
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0. Basic Principles of Economics
Positive and Normative Analysis
Back0. Basic Principles of Economics
Positive and Normative Analysis
- Multiple ChoiceIn constructing models, economists:28views
- Multiple ChoiceWhich type of economists place an emphasis on long-run economic performance?34views
- Multiple ChoiceWhich of the following is a potential benefit for a government leader using a cost-benefit analysis?31views
- Multiple ChoiceWhich of the following best explains why economic freedom is considered essential for political freedom?32views
- Multiple ChoiceThe semi-strong form of the efficient market hypothesis states that:28views
- Multiple ChoiceWhich of the following examples best illustrates the concept of government failure?24views
- Multiple ChoiceWhich of the following is a positive statement?40views
- Multiple ChoiceWhy do centrally planned economies often have difficulty meeting consumer needs?39views
- Multiple ChoiceWhich of the following is a factor in a firm's legal environment?36views
- Multiple ChoiceWhich of the following statements best illustrates a normative analysis regarding the decision to take a job with a high salary and few benefits?14views
- Multiple ChoiceWhich of the following statements is agreed upon by all economists?37views
- Multiple ChoiceWhich of the following is a positive result of trade agreements such as NAFTA and the EU?35views
- Multiple ChoiceWhich of the following is NOT a characteristic of a market economy?43views
- Multiple ChoiceA knowledge problem exists when:22views