The difference between economists speaking as scientists or policy advisers boil down to the difference between
a. assumptions and theories.
b. true statements and false statements.
c. specific statements and general statements.
d. positive statements and normative statements.
d
Economics
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An increase in the ________ is an example of a capital gain
A) value of a share of stock B) wage rate of a federal employee C) amount of income not spent on consumption or taxes D) after-tax wage rate as a result of a decrease in income tax rates
Economics
By the 1840s,
(a) labor had achieved political power in the franchise, i.e., the right to vote. (b) unions per se were not considered by law to be conspiracies and therefore illegal. (c) peaceful picketing of businesses during strikes was considered to be legal. (d) all of the above were true.
Economics