When protection is encouraged to protect a growing domestic industry; which of the following is being used?
A) Anti-dumping argument
B) Save domestic jobs argument
C) National security argument
D) Infant-industry argument
E) Diversity and stability argument
D
Economics
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A normative economic statement such as "The minimum wage should be abolished"
a. would likely be made by an economist acting as a scientist. b. would require values and data to be evaluated. c. would require data but not values to be evaluated. d. could not be evaluated by economists acting as policy advisers.
Economics
The study of the aggregate economic variables is
A) macroeconomics. B) microeconomics. C) positive economics. D) normative economics.
Economics