--%>
Assignment Help - homework help

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.

   Related Questions in Public Economics

  • Q : Case of priceless in relative prices

    While people sincerely refer to something like "priceless", so they most likely mean that this is: (a) mostly meaningless to name a monetary price since its opportunity cost is more high. (b) worthless junk on that they place no value. (c) irreplaceab

    		•
  • Q : What does an unessential complicated

    Unessential complicated theories violate: (w) common sense. (x) the principle of nonsatiety. (y) the laws of demand and supply. (z) Occam's razor. Please gues I really need one good answer from the above options.

    		•
  • 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 : Government as a trustee on nonhuman

    Can someone please help me in finding out the accurate answer from the following question. Government acts as the trustee over nonhuman resources beneath: (i) Laissez-faire capitalism. (ii) Socialism. (iii) Fee-simple property rights systems. (iv) Feu

    		•
  • Q : People thinking about invisible hand of

    Adam Smith’s “invisible hand” consider as to a process through which people think: (w) trying to serve their own interests also exploit social well being. (x) rely upon democratic governments to make main economic decisions. (y) base

    		•
  • Q : Closest to a Free Good in economic What

    What would be the closest to a "free good" in economic terms: (i) Local telephone directory assistance, (ii) Air conditioning thrown in when you buy a new car, (iii) Drinking water and (iv) Breathable air of the current atmospheric quality?

  • Q : Problem of Economic Policies and

    Hello guys I want your opinion. Please recommend your view for given Economic Policies and Normative Economics problems. Disagreements in between economists about economic policies most commonly occur from differences within their:

    		•
  • Q : Better off and worse off condition in

    When an economic change makes ten percent of the population better off and has no consequence on the economic welfare of the other ninety percent, in that case: (w) the community is better off. (x) the community is worse off. (y) community economic welfare does not ch

    		•
  • 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 : Improvements in Economic growth I have

    I have a problem in economics on Improvements in Economic growth. Please help me in the following question. Economic growth would be encouraged by enhancements in: (1) Economic efficiency. (2) Technology. (3) People’s attitudes. (4) Unemployment

    		•