--%>

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 : Punishment to criminals devoid of

    The early philosopher who argued about criminals must be punished proportionally to the harm completed to society, but without consideration of remorse, intent or motive was: (1) John Stuart Mill. (2) Edwin Chadwick. (3) Jeremy Bentham. (4) Adam Smith. (5) Aristotle.<

  • Q : Major foundations of capitalism Can

    Can someone help me in finding out the right answer from the given options. Major foundations of the capitalism are as: (1) Private property and laissez faire govt. (2) Government enforcement of contracts and equivalent opportunity for all. (3) The ri

  • Q : Savings as big investment The Economic

    The Economic growth in a proficient economy will tend to increase when: (1) Capital quickly depreciates and becomes obsolete. (2) Threats of war divert resources to the national defense. (3) People’s savings increase to permit bigger investment. (4) Funds for re

  • Q : When are all resources encompassed All

    All resources are encompassed through the classes of labor: (i) industrial robots, energy, and raw materials. (ii) capital, entrepreneurship, and knowledge. (iii) land, entrepreneurship and capital. (iv) entrepreneurship, investment and materials. (v)

  • Q : Explain economics as the study of

    Economics is generally explained as the study of how societies and individuals: (1) make options about work and the division of labor, (2) try to maximize their financial wealth and incomes, (3) answer the fundamental economic questions of "Why, Where, and When", (4)

  • Q : Combination of land People who seek

    People who seek gains and bear risks and improbability while they combine land, capital and labor in productive ways is: (i) socialists. (ii) sole proprietors. (iii) professional managers. (iv) entrepreneurs. (v) bureaucratic capitalists.

  • Q : Explain statement of normative

    Please help me to solve the problem of normative economics that is given below: Normative economic hypotheses would contain the statement which: (i) Earth consist of five moons composed of blue che

  • Q : FUNDAMENTAL economic problems of

    Society's FUNDAMENTAL economic problems do NOT comprise deciding: (w) what goods to produce. (x) how to produce the goods selected. (y) what occupation each person must pursue. (z) who must find to use the goods produced.

    Q : Example of economic costs regarding the

    The economic costs of attending college to receive a bachelor’s degree would not comprise: (i) Potential wages earned through incoming work force right after high school. (ii) Potentially higher standards of living throughout the four years or therefore spent st

  • Q : Assignments I want it tomorrow night or

    I want it tomorrow night or before, please.