The New York Times reports that China will end its one-child policy. An economist would study the effect of this policy change by A. evaluating as many normative statements as possible about the effect of the policy change B. constructing a population mode and using this model to determine what is the best number of children to have in a family C. separating the issue into personal economic policy, business economic policy, and government economic policy, and then evaluate the policy based on its government implications D. constructing a population model and using this model to evaluate the benefits and costs of the policy change E. separating the issue into personal economic policy, business economic policy, and government economic policy, and then evaluate the policy based on its business implications O OO
The New York Times reports that China will end its one-child policy. An economist would study the effect of this policy change by A. evaluating as many normative statements as possible about the effect of the policy change B. constructing a population mode and using this model to determine what is the best number of children to have in a family C. separating the issue into personal economic policy, business economic policy, and government economic policy, and then evaluate the policy based on its government implications D. constructing a population model and using this model to evaluate the benefits and costs of the policy change E. separating the issue into personal economic policy, business economic policy, and government economic policy, and then evaluate the policy based on its business implications O OO
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Transcribed Image Text:The New York Times reports that China will end its one-child policy.
An economist would study the effect of this policy change by
A. evaluating as many normative statements as possible about the effect of the policy change
B. constructing a population mode and using this model to determine what is the best number of children to
have in a family
C. separating the issue into personal economic policy, business economic policy, and government
economic policy, and then evaluate the policy based on its government implications
D. constructing a population model and using this model to evaluate the benefits and costs of the policy change
E. separating the issue into personal economic policy, business economic policy, and government
economic policy, and then evaluate the policy based on its business implications
O
OO
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