Assess the accuracy of the following statement: “If economists just had enough data, they could solve all policy questions in a way that maximizes the social good. There would be no need for divisive political debates, such as whether the government should provide free medical care for all.” Frame your answer using the concepts of positive and normative economics.

1, Study the four accompanying diagrams. Consider the following statements and indicate which diagram matches each statement. Which variable would appear on the horizontal and which on the vertical axis? In each of these statements, is the slope positive, negative, zero, or infinity?
Panel

(a) Panel (b)
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(c) Panel (4) Krugman/Wells, Microeconomics, Se, ©2018 Worth Publishers

a. If the price of movies increases, fewer consumers go to see movies.

b. More experienced workers typically have higher incomes than less experienced workers.

c. Whatever the temperature outside, Americans consume the same number of hot dogs per day.

d. Consumers buy more frozen yogurt when the price of ice cream goes up.

e. Research finds no relationship between the number of diet books purchased and the number of pounds lost by the average dieter. £, Regardless of its price, Americans buy the same quantity of salt.