Explain the positive economic statement

A positive economic statement is one which: (w) involves scientifically testable predictions. (x) is based upon value judgments. (y) explains the world idealistically. (z) applies primarily to microeconomic data.

Hello guys I want your advice. Please recommend some views for above economics problems.

View Complete Question

Related Questions in Public Economics

Q : The closest illustration of a free good

Which would be the closest illustration of a free good: (1) A can of tuna bought along with food stamps, (2) dead leaves which require raking into fall, (3) water through a drinking fountain at a park, (4) a sample of soap acquired in the mail and (5)

Q : Technological advances in Production

Movements all along the production possibilities curve would not replicate: (1) Technological advances. (2) A society’s choice-making among alternative output combinations. (3) The limiting factor of scarcity in output choices. (4) Opportunity c

Q : Relative market prices and ratios of

Jeremy Bentham would have been least familiar along with the concept such that: (1) criminals must be punished proportionally to the harm completed to society, without consideration of intention, remorse or motive. (2) consumers are in equilibrium whe

Q : Define smog as in Bads economics problem

Smog is: (w) a good since this gives the air texture. (x) a bad because most people would pay to find rid of this. (y) a free good since you could consume all you desire without having to pay for this. (z) an inefficient utilization of resources.

Q : Basic economic questions NOT included

The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How? Can someone explain me with about above problem of fundamental economic concept...

Q : Define economic assumption of

As per the economic assumption of rationality, there people: (w) always behave with ideal rationality. (x) never behave in erratic or random ways. (y) tend to make decisions consistent along with their goals. (z) foresee completely the effects of thei

Q : Hypothesis included by normative

Please help me to solve the problem of hypothesis in normative statements in normative economics that is given below: Normative statements would consist of the hypothesis which: (v) Abuse of alcohol lowers GPAs. (w

Q : High rates of saving and investment Can

Can someone help me in finding out the right answer from the given options. Production possibilities frontiers can be employed to demonstrate why maximizing economic growth needs: (1) The amount of investment goods to equivalent the quantity of consum

Q : Example of Normative Economic Goals

Please help me to solve the problem of Normative Economic Goals that is given below: Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living.

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.

Discover Q & A

Leading Solution Library

Avail More Than 1451066 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1932836
Asked

3,689

Active Tutors

1451066

Questions
Answered

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

Submit Assignment