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i don't know, i'm trying to find that out as well ..
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What is the basis question that economics seeks to explain?
The basic economic question faced by all economists: How to satisfy unlimited needs and wants, when resources are limited.
What is the basic task that economists expect the market to carry out?
deal with the fundamental problem of scarcity
How many types of economic policies are there?
As many as there are economists! The classic proverb is that if you ask three economists the same question, you'll get four different answers.
What three basic questions do economic systems address?
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
What is the possessive form of economists?
The possessive form of the plural noun economists is economists'.example: All of the economists' predictions are for improvement in the next quarter.
What is the basis question that economics seeks to explain?
The basic economic question faced by all economists: How to satisfy unlimited needs and wants, when resources are limited.
Economists do not try to?
study the process of the human mind
What is the basic task that economists expect the market to carry out?
deal with the fundamental problem of scarcity
How many types of economics are there?
As many as there are economists! The classic proverb is that if you ask three economists the same question, you'll get four different answers.
How many types of economic policies are there?
As many as there are economists! The classic proverb is that if you ask three economists the same question, you'll get four different answers.
Why do economists need to find the answer to all three of the basic questions?
There are not enough resources to satisfy people's seemingly unlimited wants.
What do economists use to test solutions to question for which there are no obvious or easy answers?
Cost benefit analyses
What do economists use to test solutions to question for which there are no obvious are easy answers?
the answer is obviously cost benifit analysis
What three basic questions do economic systems address?
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
What is the possessive form of economists?
The possessive form of the plural noun economists is economists'.example: All of the economists' predictions are for improvement in the next quarter.
What are two reasons why economists have a reputation for giving conflicting advice to policymakers?
Economists often give conflicting advice to policy makers for two basic reasons: 1) economists may disagree about the validity of alternative positive theories about how the world works and/or 2) economists may have different values and therefore different normative views about what policy should try to accomplish
What do economists call elasticity?
What do economists call elasticity?
