What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful?
A. econometric questions
B. labor questions
C. normative questions
D. public policy questions
E. positive questions
Answer: E
Economics
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A) is equal to total income. B) is less than total income. C) equals profits. D) is greater than total income.
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The United States had the largest real GDP per person until the 2012 when the China's real GDP per person overtook and then exceeded that in the United States
Indicate whether the statement is true or false
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