A major event such as a disastrous hurricane or national security crisis which attracts widespread media attention to an issue and can impact one's preferences on that policy area is known as a(n). Not yet antwered Select one: O a. focusing event O b. framing Oc priming O d. policy development

Can economics help us to understand, and deal with, the prospect of climate change dueto human activities?Your answer should include reference to at least three of the following aspects of theproblem:a) A carbon tax vs cap and tradeb) The UK’s legal commitment to reduce net carbon emissions to zero by 2050c) Assessing costs to future generationsd) Bargaining over climate changee) Environmental dynamics

QUESTION 1 To ensure that trade benefits all parties involved, a, the trade must involve services as well as goods. b. the trade must be voluntary. c. there must be a difference in comparative advantage. d. specialization through training must occur. O e. money must be exchanged. QUESTION 2 When is marginal analysis needed to make a decision? a, when the choice is between doing more or less of something b. when the choice is between doing something and not doing something c. when the choice is between actions with a quantifiable monetary value d. when the choice is between actions that cannot be assigned a monetary value e. when the choice is between doing something and doing the exact opposite

Which one below is FALSE for economic theories or models. Select one: O a. They are generalizations used to give context to our observations. O b. They attempt to establish cause and effect between economic variables. O c. They are built with assumptions and then tested with facts. O d. They always reflect reality.