Question

which school of thought advocates for employers to be able to use pure economic principles in their employment decisions?
a. social economists
b. neoclassical economists
c. classical economists
d. traditional economists

Explanation:

Neoclassical economics centers on rational decision-making using pure economic principles, including employers optimizing employment choices based on factors like marginal cost and benefit. Social economists emphasize social factors alongside economics, classical economists focus on free markets and supply/demand in broader macro terms rather than employer-specific pure economic decision frameworks, and "traditional economists" is not a defined mainstream school for this context.

Answer:

b. neoclassical economists