Podcast
Questions and Answers
In economics, what does normative economics advocate?
In economics, what does normative economics advocate?
- "What ought to be" (correct)
- "What is not"
- "What might be"
- "What is"
What does microeconomics primarily analyze?
What does microeconomics primarily analyze?
- Public policies impacting society
- Currency inflation and economic growth
- Individual agents and markets (correct)
- Factors affecting employment
Where can economic analysis be applied?
Where can economic analysis be applied?
- Business, finance, and government (correct)
- Media, entertainment, and sports
- Construction, real estate, and hospitality
- Agriculture, forestry, and fishing
What does macroeconomics analyze as a system?
What does macroeconomics analyze as a system?
Where can economic analysis be applied besides business and finance?
Where can economic analysis be applied besides business and finance?
What does microeconomics primarily analyze?
What does microeconomics primarily analyze?
What does normative economics advocate?
What does normative economics advocate?
Where can economic analysis be applied?
Where can economic analysis be applied?
What does macroeconomics analyze as a system?
What does macroeconomics analyze as a system?
What are the broad distinctions within economics?
What are the broad distinctions within economics?
Flashcards are hidden until you start studying