The Economist Thought Process: Policy Advisor & Scientist

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

As an economist, you are working with a local member of congress. You have data indicating a drop in demand for consumer goods as a result of taxation. You advise her to push for lower taxes. What type of statement(s) are you presenting?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1.

Why is this statement a normative statement?

Removing the minimum wage will increase employment.

2. Which of the following is part of the scientific thought process of an economist?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Use the quiz and worksheet, seeing what you know about the thought process that an economist would have. A scientific thought process and an example of a normative statement are topics you need to know for the quiz.

Quiz & Worksheet Goals

You'll get to check your familiarity with:

  • Part of the scientific thought process of an economist
  • Why an economist would make normative statements on economic issues
  • Examples of normative statements

Skills Practiced

  • Information recall - access the knowledge you have gained about how an economist could present data about GDP and inflation rates
  • Interpreting information - verify that you can read information about why an economist would make normative statements on economic issues and interpret it correctly
  • Reading comprehension - ensure that you draw the most important information from the lesson on an economist's thought process

Additional Learning

The Economist Thought Process: Policy Advisor & Scientist is a lesson designed to help you review more about:

  • How the scientific method works
  • The roles of an economist
  • How the government uses economists
Support