The goal of an economist who formulates new theories is to Select one: a.provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b.demonstrate that economists, like other scientists, can formulate testable theories. c.contribute to an understanding of how the world works. d.provoke stimulating debate in scientific journals.

The goal of an economist who formulates new theories is to Select one: a.provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b.demonstrate that economists, like other scientists, can formulate testable theories. c.contribute to an understanding of how the world works. d.provoke stimulating debate in scientific journals.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 23CTQ: Do economists have any particular expertise at making normative arguments? In other words, they have...

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