A discussion on whether an economic practice is ethical would likely be found in an article on
a. businesses that failed
b. macroeconomics
c. positive economics
d. normative economics
Ans: d. normative economics
Economics
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Use the three basic questions to describe why perfect competition is efficient
What will be an ideal response?
Economics
Which of the following is counted in GDP?
A) the value of do-it-yourself work B) the value of leisure C) the value of goods and services produced in the underground economy D) the cost of a speed boat purchased by drug smugglers
Economics