Determine the essence of positive economics statement

The essence of positive economic statements is which they: (1) should be correct, or they turn into normative statements. (2) yield predictions which can be tested for validity. (3) clearly resolve ethical or moral matters. (4) focus upon cheerful in place of depressing events. (5) give clear guides for economic policies.

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Public Economics

Q : Where illustrations of production are

I require a good answer on the topic of Economic problems. Please provide me your suggestion that where illustrations of production are not contain: (i) Using canned chocolate icing to decorate a cake made with “store-bought” cake mix, (ii

Q : Resources and Factors of Production Of

Of the given words, the term most synonymous along with the term “factor of production” is: (i) technology. (ii) innovation. (iii) entrepreneur. (iv) capital. (v) resource. Please guys help to solve thi

Q : Define the normative economics in

Hello guys I want your opinion. Please suggest your answer for following Normative-economics problem. Normative economics: (i) based upon value judgments. (ii) involves statements which are either right or wrong. (

Q : Comunity engagement and education

identify the modes employed in the management of comunity ECD programes in your community and explain them in the following lines 1 sole proprietorship and corporation 2 NGO mode 3 donor managed and ommunity owned

Q : Purchases of recently issued bonds and

Define one reason that the purchases of recently issued bonds and stocks: (1) just only increase the value of federal funds. (2) Are not economic investments since they are just alternative forms of people’s financial saving? (3) Reduce the prof

Q : Determine the Supply and Demand in

This vigorously competitive clothing market is at firstly in equilibrium at S0 and D0. When the moves in the demand for clothing to D1 occurred before the transfer in supply to S1, in that case: (1) the primary signal to fir

Q : Eccentricities of Jeremy Bentham The

The eccentricities of Jeremy Bentham (from 1748 to 1832) did not comprise: (i) allowing a pet pig to freely roam his mansion. (ii) petitioning the London Council for permission to replace shrubbery beside his driveway along with mummi

Q : What would illustrations of economic

I need your answer on the topic of Economic problems. Please give me your suggestion that illustrations of economic capital would contain a: (1) Garbage truck. (2) $10,000 ten-year United States Treasury bond. (3) College diploma. (4) Deeded right to

Q : Problem on economic system of a country

The economic system of a country is generally categorized according to: (1) Who makes decisions and who owns that resources. (2) Whether it is totalitarian or democratic. (3) Its per capita GDP and its currency value in the Euros or U.S. dollars. (4)

Q : Driving issues in economics The driving

The driving issues within economics are like: (w) income distribution and wealth. (x) productive inefficiency and waste. (y) restricted resources and unlimited human desires. (z) financial planning and mismanagement.

Discover Q & A

Leading Solution Library

Avail More Than 1459891 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1934881
Asked

3,689

Active Tutors

1459891

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment