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Advanced Business Economics
?
A strictly positive approach to economic analysis would:
describe the likely consequences of government policy.
accept only social welfare functions that weighed everyone equally.
fail to capture the effects of providing merit goods.
overlook negative externalities.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
describe the likely consequences of government policy.
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