--%>

Uses of Normative Economics over Positive Economic analysis

Can anybody propose the proper explanation for specified problem regarding Normative Economics.

Positive economic analysis might NOT be used to test the idea which higher cigarette taxes would reasons of: (w) Tax revenue to increase and nicotine consumption to fall. (x) Tax burdens to fall most deeply on low-income smokers. (y) Tobacco farmers to lose income. (z) Smokers who stop to advantage the most from such taxes.

Please friends explain above problem..I really need that.

   Related Questions in Public Economics

  • Q : Allocative mechanisms of Economic

    Economic systems (example: capitalism versus socialism) are mainly distinguished by their relative reliance on alternative allocative mechanisms, and particularly by: (1) Who builds major economic decisions and who owns non-human resources. (ii) The level of inequalit

  • 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 : Define the root of normative economics

    Value judgments which address what “must be” are at the root of: (1) microeconomics. (2) scarcity economics. (3) normative economics. (4) positive economics. (5) macroeconomics. How can

  • 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 : Economic capital and recipes for

    The knowledge embodied within economic capital and the “recipes” people make use of to combine materials, energy and other resources therefore production happens are commonly considered to as which one: (i) The production function, (ii) Ca

  • Q : Behavior of deliberately act in

    Deliberately acting in a way which cannot attain a wanted goal is: (w) rational behavior. (x) random behavior. (y) irrational behavior. (z) maximizing behavior. Can anybody suggest me the proper explanation for given problem regard

  • Q : Explain about the capital goods Capital

    Capital goods are: (w) machines, equipment, buildings, and other enhancements to natural resources. (x) goods which indirectly contribute to human satisfaction. (y) resources which have been changed for use in the production of other goods. (z) All of

  • 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 : Explain the invisible hand as automatic

    Adam Smith’s phrase “the invisible hand” considers to the automatic: (w) withholding of taxes before worker receive paychecks. (x) charitable instincts most people display when confronted by poverty. (y) coordination

  • Q : Building and capital tools production

    Buildings and capital tools can't produce anything without labor, showing such that labor is: (i) a productive resource. (ii) the merely productive resource. (iii) exploited through capitalists. (iv) the key to technology. (v) a provider of entreprene