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Your responses should be articulate, thoughtful and well organized short answers written in complete sentences using proper spelling and punctuation. (follow APA guidelines and cite
Your responses should be articulate, thoughtful and well organized short answers written in complete sentences using proper spelling and punctuation. (follow APA guidelines and cite at least 1 resource) 1. Why is it unfair or meaningless to criticize a theory as \"unrealistic?\" 2. Suppose, as an economist, you are asked to analyze an issue unlike anything you have ever done before. Alsg, suppose you do not have a specific model for analyzing that issue. What should you do? Hint: What would a carpenter do in a similar situation? 3. What assumptions about the economy must be true for the invisible hand to work? To what extent are those assumptions valid in the real world? 4. Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements (i.e., what will happen) about some economic policy, for example, but do they have special expertise to judge whether or not the policy should be undertaken
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