Discuss problem about making normative arguments

Assignment Help Microeconomics
Reference no: EM131634014

question: Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements (i.e., what will happen) about some economic policy, for example, but do they have special expertise to judge whether or not the policy should be undertaken?

Reference no: EM131634014

Questions Cloud

Does competitive federalism still exist today : The Constitution of the United States created a "competitive" form of federalism. Does competitive federalism still exist today?
Identify two troublesome practices that journalists : Identify two troublesome practices that journalists/reporters use with respect to their contact with crime victims
Susceptibility of disease : How does human evolution relate to the susceptibility of disease?
How are the judges chosen for the bout : How are the judges chosen for the bout? Were there ever instances when judges have been penalized or banned for not judging a bout accurately?
Discuss problem about making normative arguments : Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements.
Reflect the ideals upon which most amricans agree : The harsh reality of foreign policy often clashes with Americas history & ideals of having foreign policies with a higher purpose than the pursuit of interest.
Discuss trace evidence warranting collection : fibers collected from a residential burglary would be considered trace evidence warranting collection. What does each of these examples demonstrate
How does head trauma cause dementia : A) What is the relationship between the location of a spinal cord injury and the signs and symptoms?
Why is allocative inefficiency also wasteful : It is clear that productive inefficiency is a waste since resources are being used in a way that produces less goods and services than a nation is capable of.

Reviews

Write a Review

Microeconomics Questions & Answers

  How much producer surplus

How does compare to the total surplus without a price floor from part c - How much producer surplus?

  Marginal cost are identical

Marginal cost are identical

  Were the savings and loans winners as inflation skyrocketed

In the 1970s, savings and loan associations primarily earned their income from extending fixed-rate home loans. They extended many of these loans in the early 1970s when inflation was low. Were the savings and loans winners

  Describe the components of time cost in health care

Respond to each of the following questions (150-200 words each) that apply the economic concepts described in this topic's assigned readings in The Economics of Health and Medical Care. Write the formula for price elasticity of demand and describe..

  Hw would expanding business affect economies of scale

you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business

  Can equilibrium be established when price equal 3

Discuss a change in demand resulted in a change in the market price. Provide an example of how a change in supply resulted in a change in the market price. How does the price mechanism work to keep markets in equilibrium?

  Working definition of community health education theory

Working Definition of Community Health Education Theory

  Assume there is only one good in the economy

Assume there is only one good in the economy,Wheat. The economy has enough labour capital, and land to produce Y=800 bushels of wheat. In 2005,M=2000 dollar, P=5 dollar/bushel.1)Compute the nominal GDP and the velocity of money in 2005

  Success of the montgomery bus boycott

What role did the larger community play in the success of the Montgomery Bus boycott? If the community played a large role in the outcome/success of the civil rights movement, did African American constitute more of a community in the South vs. th..

  Criticize the areeda-turner test on the basis

Criticize the Areeda-Turner test on the basis

  Find out how price elasticity of demand affects decision

prepare a 700-1050-word paper summarizing the content. in the paper be sure to address the followingwhat causes the

  Calculate percentage return on the investment

An investor sells a stock short for $36 a share. A year later the investor cover the position at $30 a share.now assume the price is at $42 when the investor closes the position?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd