Chapter 2 Thinking Like an Economist

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Question # 00040265 Posted By: solutionshere Updated on: 01/05/2015 05:25 AM Due on: 02/04/2015

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17. Economists speaking like policy advisers make

a.	positive statements.
b.	descriptive statements.
c.	claims about how the world is.
d.	claims about how the world should be.

18. Economists speaking like scientists make

a.	positive statements.
b.	prescriptive statements.
c.	claims about how the world should be.
d.	More than one of the above is correct.

19. Economists speaking like policy advisers make

a.	claims about how the world is.
b.	descriptive statements.
c.	normative statements.
d.	More than one of the above is correct.

20. When economists make positive statements, they are

a.	speaking as scientists.
b.	speaking as policy advisers.
c.	making claims about how the world should be.
d.	revealing that they are very conservative in their views of how the world works.

21. When economists make normative statements, they are

a.	speaking as scientists.
b.	speaking as policy advisers.
c.	making claims about how the world is.
d.	revealing that they are very liberal in their views of how the world works.

22. When economists make

a.	positive statements, they are speaking not as policy advisers but as scientists.
b.	positive statements, they are speaking not as scientists but as forecasters.
c.	normative statements, they are speaking not as policy advisers but as scientists.
d.	normative statements, they are speaking not as policy advisers but as model-builders.

23. When economists make

a.	positive statements, they are speaking not as scientists but as policy advisers.
b.	positive statements, they are speaking not as scientists but as forecasters.
c.	normative statements, they are speaking not as scientists but as policy advisers.
d.	normative statements, they are speaking not as policy advisers but as model-builders.

24. You know an economist has crossed the line from policy adviser to scientist when he or she

a.	claims that the problem at hand is widely misunderstood by non-economists.
b.	makes positive statements.
c.	talks about values.
d.	makes a claim about how the world should be.

25. You know an economist has crossed the line from scientist to policy adviser when he or she

a.	claims that the problem at hand is widely misunderstood by non-economists.
b.	talks about the evidence.
c.	makes normative statements.
d.	makes a claim about how the world is.

26. A positive economic statement such as “Pollution taxes decrease the quantity of pollution generated by firms”

a.	would likely be made by an economist acting as a policy advisor.
b.	would require values and data in order to be evaluated.
c.	would require data but not values in order to be evaluated.
d.	could not be evaluated by economists acting as scientists.

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score 3 · Accepted Answer · 01/05/2015 05:25 AM

Solution: Chapter 2 Thinking Like an Economist

Tutorial # 00039412 Posted By: solutionshere Posted on: 01/05/2015 05:25 AM

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REF: 2-2 NAT: Analytic LOC: The study of economics and ...

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