Economists try to address their subject with a scientist's objectivity

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

The 3 key economic questions include all of the following EXCEPT

A) "how do we produce these products?" B) "where should these products be produced?" C) "who consumes the products?" D) "what products do we produce?"

Economics

Suppose that rising productivity increases potential output in each period by 4%. What kind of monetary policy would be needed to maintain a zero rate of inflation at full employment?

A. It should keep money supply constant. B. It should increase money supply by 4% in the first period and thereafter, hold money supply constant. C. It should increase money supply by 4% per period. D. It should decrease money supply by 4% each period.

Economics