--%>

Primarily dealing of positive economic statements

Please help me to solve the problem of Positive Economics which is specified above.

Positive economic statements deal primarily along with: (w) the way things should be. (x) Technically testable economic theories. (y) Consensus judgments of economists. (z) Common sense.

How can I solve my economics problem? Please suggest me the right way to answer to this question.

   Related Questions in Public Economics

  • Q : Issues of normative economic policy

    Economic policy matters are usually: (w) simply resolved by positive analysis alone. (x) normative, but workable solutions based on positive analysis. (y) either strictly macroeconomic, or strictly microeconomic. (z) better resolved using common sense

  • Q : Illustration of Economic Reasoning by

    Occam’s razor refers to the idea which while evaluating a theory: (1) good theory describes the phenomenon as simply as possible, but not moreso. (2) complexity is obvious to make sure that correct answers are reached. (3) conformity along with

  • Q : Occurrence of good or service scarce in

    A good or service is scarce when people: (w) would benefit from its reduction. (x) wish more than the amounts freely obtainable. (y) cannot enjoy this simultaneously. (z) can freely consume all they want.

    Q : Theory of independence in Adam Smith era

    The Age of Enlightenment shown increased reliance upon scientific methodology and logic like mechanisms for ascertaining fact, and a growing belief which hierarchical authority lacks a monopoly upon purpose and wisdom. That school of thought set the stage for these do

  • Q : When is a thing termed as a good as

    A thing is termed as a "good" (as opposite to a "bad") when: (w) its use improves human happiness. (x) its production needs capital and labor. (y) its value to society is restricted. (z) this is a service to people, as housecleaning.<

  • Q : Weather ruins crop-equilibrium

    When the soybean market is firstly in equilibrium on S0D0 and in that case severe weather ruins much of the crop, then the market moves to: (1) S1D0. (2) S1D2. (3) S2D0<

  • Q : Problem on private property rights and

    I have a problem in economics on private property rights and laissez faire. Please help me in the following question. The basics of pure capitalism comprise: (i) Social ownership of all non-human resources. (ii) Strong two party electoral system. (iii

  • 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 : Hedonistic calculus–regulation of human

    Social welfare is exploited while a “hedonistic calculus” regulates all human action as per the interventionist “liberal”: (i) John Stuart Mill. (ii) Thorstein Veblen. (iii) Milton Friedman. (iv) Karl Marx. (v)

  • 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