Economists compute the price elasticity of demand as the_________.

Economists represent a consumer’s preferences using

Contrary to the predictions of some local economists, who always

Many economists think that full employment is a(n) ________ goal.

Some economists argue that this could create a much wider form of .

Financial economists consider the _________ to be the most accurate measure of interest rates.

When economists talk about growth in the economy, they measure that growth as the

Which of the followings are correct? A: Economists have two roles: scientist and policy adviser. B: As scientists, economists develop and test theories to explain the world around them. C: Economic policies rarely have effects that their architects did not intend or anticipate. D: As policy advisers, economists use their theories to help change the world for the better.

To make things simpler and focus attention on what really matters, economists would

Economists make hypothetical assumptions about people ’s<br/>economic choices ( )