To provide quantitative answers to policy questions
A) it is typically sufficient to use common sense.
B) you should interview the policy makers involved.
C) you should examine empirical evidence.
D) is typically impossible since policy questions are not quantifiable.
Answer: C
Economics
You might also like to view...
The length of the short-run is the same for all firms
Indicate whether the statement is true or false
Economics
The supply of labor does not depend upon
a. the demand for labor b. the amount of wealth held by workers c. the size of the population d. alternative employment opportunities e. the location of the work place
Economics