When discussing rules that governments use to intervene in a market, we can take a ________ approach where we discuss what governments should do, or a ________ approach where we discuss what governments actually do
A) normative; positive
B) positive; normative
C) optimistic; cynical
D) bipartisan; normative
A
Economics
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What is required for a negative externality to occur?
A) The intention or plan to directly impose costs on others B) The full costs of an action aren't taken into account C) A total lack of concern for other people's welfare D) Greed
Economics
Refer to Table 7-4. Fill in the following table with the opportunity costs of producing light bulbs and flash drives for Mexico and Canada
Light Bulbs Flash Drives Mexico Canada What will be an ideal response?
Economics