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   Related Questions in Public Economics

  • Q : Where is Positive theory inaccurate Can

    Can anybody suggest me the proper description for given problem regarding positive theory in Economics generally. Positive theory which is inaccurate: (w) can be disproved through logic and fact. (x) includes poor

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  • Q : Determine gross investment for

    Hey friends please give your view for the problem of investment in Economic that is given below: If a firm buys $50 million worth of new machinery to replace worn out equipment that originally cost $3 million,

  • Q : Calculate the net investment of machines

    Freddy's Fabulous Faux Frisbee Factory consists of fifty rapid frisbee forming machines. In recent year Freddy bought new fifteen rapid frisbee forming machines as well as retired five of them, all they are resulting within: (1) Net investment of 10 machines. (2) Gros

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  • Q : Explain about the positive technical

    Positive technical statements: (w) need value judgments. (x) should be valid by definition. (y) can be proved and tested or disproved by fact and logic. (z) are the excellent guides in specifying economic policies.

  • Q : Define the economic theories Economic

    Economic theories are: (w) true with definition. (x) generally excellent in theory but wrong during practice. (y) made up of generalizations regarding economic behavior. (z) normative, whereas economic policy is more positive.

    Q : Changes in relative prices make

    Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit

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  • Q : Standard step to make a new economic

    A standard step while making a new economic theory is to: (w) properly blend normative and positive perspectives. (x) physically test this in an economics laboratory. (y) see when this predicts behavior in a consistent way. (z) make sure that this con

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  • Q : Limitation of economic capital -

    Hey friends please give your opinion for the problem of economic capital that is given below: Illustrations of economic capital do NOT include: (w) buildings. (x) tools. (y) machinery. (z) stocks and bonds.

    Q : Global warming Can someone please

    Can someone please explain me that global warming, litter and pollution are all examples of...(v) produced goods, (w) by-products, (x) technological spin-offs, (y) errors in judgment and (z) economic bads. How can I solve my economics problems? Please

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  • Q : Use of relative prices not inclde by

    Please help me to solve the problem of economics that is given below: The functions of prices do not contain the use of relative prices like: (w) rationing devices. (x) mediums of exchange. (y) inf

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