--%>
Assignment Help - homework help

When is an economic theory a positive science

Economic theory is a positive science only to the extent which this yields: (i) scientifically testable predictions. (ii) moral answers to ethical disputes. (iii) absolutely exact descriptions of how the world works. (iv) optimistic, quite than pessimistic, answers to life's problems. (v) rigid descriptions of social phenomenon.

Please chhose one option from the given options..

   Related Questions in Public Economics

  • Q : Assignments I want it tomorrow night or

    I want it tomorrow night or before, please.

    		•
  • Q : Describe an illustration of Positive

    Predicting a fall within the national unemployment rate along with a new untested economic model is an illustration of: (1) positive economic analysis. (2) normative economic analysis. (3) a microeconomic prediction. (4) predictability no better than a call to the psy

    		•
  • Q : Weak assumptions

    Philosopher-mathematician Henri Poincaré asserted, “When a phenomenon admits of a total mechanical explanation this will admit of any infinity of others that will account equally well for all of the peculiarities disclosed through the experiment.” O

    		•
  • Q : Determine when a good is scarce A good

    A good is scarce when: (1) individuals are willing to pay a positive price for more of this. (2) this is socially but not individually beneficial. (3) individuals are willing to pay to have this not produced. (4) more is obtainable at

    		•
  • Q : Problem on public sector The word “

    The word “public sector” signifies to: (1) Stockholders and households. (2) Investors and Consumers. (3) Households and investors. (4) Democratic voting systems. (5) All actions of government. Find out the right answer from the above optio

    		•
  • Q : Modern sociobiologists concept

    Modern sociobiologists concept perpetuation of individual gene pool like the fundamental human drive, and give numerous illustrations of behavior which apparently conflict along with the economist's homo economicus supposition: Parents sacrifice their whole lives for

    		•
  • Q : Problem on equivalent amounts of goods

    Can someone help me in finding out the right answer from the given options. According to the equivalent share criterion of distribution, individuals must: (i) Share income according to personal requirement. (ii) All produce equivalent shares of output. (iii) Each cons

    		•
  • Q : Illustrate the free goods in economic

    Hey friends please give your opinion for the problem of free goods in Economic that is given below: The entire given are free goods EXCEPT the enjoyment people derive from as in below: (w) rain which waters our law

    		•
  • Q : Determine broad distributive economics

    Economy-broad efficiency: (w) may only be got in a command economy. (x) is classically the most significant goal of public policies. (y) has little to do along with price or market conditions. (z) needs that additional gains to anyone entails losses t

    		•
  • Q : Capitalism as a decentralized decision

    The idea that a virtue of the capitalism is its decentralized decision making appeared when: (i) Social philosophers looked for the alternatives to feudal kings as the economic regulators. (ii) Russian imperialism fostered anti-communist sentiment fol

    		•