7 We have seen that disagreements between economists can be divided into disagreements concerning positive statements, and

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7 We have seen that disagreements between economists can be divided into disagreements concerning positive statements, and disagreements concerning normative statements.

a Would you expect economists to disagree less about positive statements as time goes on1 Explain.

b Would you expect economists to disagree less about normative statements as time goes on? Explain.

c What are the implications of your answers for the way in which economists' views of public policy evolve over time1

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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