5. Economics is a positive science. Government by its very nature is influenced by philosophical considerations. Therefore,

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5. "Economics is a positive science. Government by its very nature is influenced by philosophical considerations. Therefore, the tools of economics cannot tell us much about how the public sector works." Do you agree or disagree? Why?

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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