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.

View Complete Question

Related Questions in Public Economics

Q : Population increase-Economic Growth I

I have a problem in economics on Population increase-Economic Growth. Please help me in the following question. The production-possibilities frontier can be shifted external by: (i) Removing unemployment. (ii) Lowering the market prices. (iii) A popul

Q : When is a good taken as scarce Can

Can anybody suggest me the proper explanation for given problem regarding scarcity in economics generally? A good is taken as scarce when people: (w) lack the funds required to make sure their survival. (x) require

Q : Democratic governments exercise partial

The democratic governments exercise partial control on markets primarily through: (1) Marketing resources it owns. (2) Intimidation. (3) Negotiation. (4) Taxes and regulations. Can someone please help me in finding

Q : Problem of Slavery and Normative

Please guys help me to solve the problem of Slavery and Normative Economics that is given below: Slavery like a mechanism for allocating labor previous to the Civil War eventually proved to be in conflict along wit

Q : Better off and worse off condition in

When an economic change creates one person better off and a thousand persons worse off, this is: (w) good for society. (x) bad for society. (y) neither good nor bad for society. (z) not possible to assess without a value judgment.

Q : Occurrence problem of Economic

Economic inefficiency is most obviously a problem while: (i) Elmer hates Alpo but eats this so he can afford a cheap daily bottle of Gertrude's Hi Test Wine. (ii) Emma forgot to turn off the water and this runs down the street in a storm sewer six blo

Q : Production-possibility curve of a

By using a curve analogous to the production-possibility curve, choices among government policy objectives could be exhibited by: (1) Moving all along the curve. (2) Shifting the curve down. (3) Shifting the curve up. (4) Comparing a point beneath the curve with one a

Q : Economic problem of increase employment

I need a good answer on the topic of Economic problems. Please give me your suggestion that the concept that restricting steel imports will increase employment within the steel industry that is a: (w) normative argument. (x) Positive argument, since the idea can be te

Q : 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. H

Q : Decisions and owns resources The

The Economic systems are categorized mainly according to: (1) Who makes decisions and who owns the resources. (2) Which political parties are in the power. (3) The extent of economic growth. (4) How efficiently resources are employed.

Discover Q & A

Leading Solution Library

Avail More Than 1417854 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1961701
Asked

3,689

Active Tutors

1417854

Questions
Answered

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

Submit Assignment